EXPLAINED: Sunw - The Real Truth

Sunworks stock (SUNW) is trading significantly below its 52-week highs due to the company’s disappointing financials and declining market share. However, can the stock rebound with the acquisition of Solcius and new pricing measures to boost its profit margins?.

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 (NASDAQ:SUNW) is set to give its latest quarterly earnings report on Friday, 2022-03-11. Here's what investors need to know before the announcement. Analysts estimate that Sunworks will report an earnings per share (EPS) of $-0.17.