FOUND: Solcius - You Need To See This

Sunworks, Inc (NASDAQ:SUNW) reported a first-quarter FY21 revenue growth of 405.7% year-on-year to $31.2 million, beating the consensus of $28.7 million.  The increase was mainly due to increased contributions from the Residential segment. The gross margin improved by 4,351 bps to 45%, attributable to the positive contribution from Solcius' business model and operational…

Sunworks Inc (NASDAQ:SUNW) reported a fourth-quarter FY21 revenue growth of 268.6% year-on-year to $31.7 million, beating the consensus of $31.4 million.  The revenue of the solar power and battery storage solutions provider included $26.1 million in residential revenue from Solcius, which it acquired in April 2021. The gross margin improved by 2,240 bps to…