Pineapple Holdings, Inc. provides photovoltaic solar energy systems to residential homeowners in the United States. It offers a range of installation services, including design, engineering, procurement, permitting, construction, grid connection, warranty, monitoring, and maintenance of residential solar energy systems. The company also offers battery storage products and energy management control devices on solar systems that are paired with batteries. In addition, it develops and manufactures energy management software and hardware. Pineapple Holdings, Inc. is based in Minnetonka, Minnesota.
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Exchange: NASDAQ
RONKONKOMA, N.Y., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY (Pineapple Energy) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced the appointment of Spring Hollis as an independent member of the Company's Board of Directors. Ms. Hollis is an accomplished financial executive with more than 25 years of experience in finance and operations, focusing on supporting companies early in their growth cycles. She is Founder of Star Strong Capital, a private credit asset manager providing debt financing solutions to lower middle mark
RONKONKOMA, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) (Pineapple Energy) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced the appointment of Andy Childs as the Company's Interim Chief Financial Officer. Mr. Childs succeeds Eric Ingvaldson who, as previously announced, resigned the position of Chief Financial Officer effective August 30, 2024. "Andy brings nearly 25 years of accounting, finance, and operational experience across multiple industries to his new role at Pineapple," Scott Maskin, Pineapple's Interim CE
MINNETONKA, Minn., June 25, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and back-up power to households and small businesses encourages its shareholders to participate actively in the upcoming meeting of shareholders scheduled on July 1, 2024. The Board of Directors emphasizes the importance of this shareholders' vote, specifically so that the company can achieve quorum to hold its annual meeting. Please vote even if you no longer own the shares but were a shareholder of record on the record date of May 23, 2024. Failure to secure quorum will result in the company being unable to hold its ann
MINNETONKA, Minn., May 30, 2024 (GLOBE NEWSWIRE) -- Scott Maskin, Interim CEO of Pineapple Energy Inc. ("Pineapple" or the "Company"), has reaffirmed the Board's commitment to having Eric Ingvaldson continue to serve as the Company's Chief Financial Officer. In addition, the Board has appointed James Brennan, an experienced executive who has served as Pineapple's Senior Vice President of Corporate Development since November 2022, as the Company's Chief Operating Officer. "We are assembling a solid leadership team for the long-term," Maskin said. "These two individuals possess the highest levels of integrity; work ethic and their skillsets are unmatched. Ingvaldson, who has been Pinea
MINNETONKA, Minn., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. ("Pineapple," "Pineapple Energy" or the "Company"), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced today, as required by Nasdaq Listing Rule 5635(c)(4), that in connection with the appointment of Eric Ingvaldson as the Company's Chief Financial Officer effective October 10, 2022, Mr. Ingvaldson received a grant of an inducement award on October 11, 2022. As an inducement for Mr. Ingvaldson to enter into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4), Pineapple's compensation committee approved the grant to Mr. Ingvaldson
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RONKONKOMA, N.Y., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY (Pineapple Energy) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced the appointment of Spring Hollis as an independent member of the Company's Board of Directors. Ms. Hollis is an accomplished financial executive with more than 25 years of experience in finance and operations, focusing on supporting companies early in their growth cycles. She is Founder of Star Strong Capital, a private credit asset manager providing debt financing solutions to lower middle mark
RONKONKOMA, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) (Pineapple Energy) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced the appointment of Andy Childs as the Company's Interim Chief Financial Officer. Mr. Childs succeeds Eric Ingvaldson who, as previously announced, resigned the position of Chief Financial Officer effective August 30, 2024. "Andy brings nearly 25 years of accounting, finance, and operational experience across multiple industries to his new role at Pineapple," Scott Maskin, Pineapple's Interim CE
RONKONKOMA, N.Y., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) (Pineapple Energy) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities and for servicing existing systems, is providing an update on the performance of its ongoing business activities, with the goal of giving context to the Company's recently filed earnings report. "Our results for the second quarter of 2024 reflected the lingering impact of certain industry-specific headwinds that have affected the renewable energy sector across the United States," said Scott Maskin, Interim CEO of Pineapple. "These headwinds – which
RONKONKOMA, N.Y., July 31, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and back-up power to households and small businesses, has regained compliance with Nasdaq's equity requirements. Pineapple's newly regained compliance relates to Listing Rule 5550(b)(1), also known commonly as the "Equity Rule," which requires for companies listed on the Nasdaq Capital Market to maintain stockholders' equity of at least $2,500,000. As part of the issuance of compliance by Nasdaq, the Company will be subject to a Mandatory Panel Monitor for the period of one (1) year. "Yet again, we've hit another key mile
RONKONKOMA, N.Y., July 29, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and backup power to households and small businesses, has successfully completed its first round of capital fundraising. The collaborative effort by Conduit Capital and MBB Energy, which can provide Pineapple over $1 million, was approved both by the Pineapple Board of Directors and Pineapple's existing senior lenders. The first tranche of the new loan was funded on Tuesday, July 23rd, 2024, and a second tranche into Pineapple can also be made available in accordance with the loan documents. "I want to thank our department
RONKONKOMA, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- SUNation, the New York-based subsidiary of Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), has been designated the number one solar + storage New York-based installer by Solar Power World, a leading industry publication. In 2023, SUNation had installed five (5) times the amount of battery storage capacity compared to its local industry peers. Each year, Solar Power World recognizes industry leaders with their Top Solar Contractors List. "Once again, SUNation is doing its part to help New York State achieve its ambitious goals to reduce our energy-related carbon footprint. I couldn't be prouder of my hardworking team
MINNETONKA, Minn., July 18, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and back-up power to households and small businesses, has regained compliance with NASDAQ's bid price requirement. Pineapple's compliance relates to Listing Rule 5550(a)(2), also known commonly as the "Bid Price Rule," which calls for companies to have their stock price consistently above $1.00 US. "Ensuring compliance with bid pricing has been a cornerstone priority of Pineapple's management team," Scott Maskin, interim CEO of Pineapple Energy, said. "This latest development once again demonstrates how hard we've been w
MINNETONKA, Minn., July 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and back-up power to households and small businesses, has engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital raising activities. Conduit Capital is a group known for connecting companies to mission aligned investors. The partnership also includes the addition of key talent to assist the Pineapple team, all of whom have industry-specific experience in Pineapple's various business sectors. This includes Robert Zulkoski, Andy Childs, and Melissa Obegi, who each have a dis
MINNETONKA, Minn., July 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and back-up power to households and small businesses, is urging shareholders who have yet to vote their shares to do so before July 19th, 2024. Pineapple's annual shareholder vote, which was virtually held on July 1st, 2024, had resulted in 49,447,703 shares, or 45.6% voter participation. Due to Pineapple's charter, 50.001% of all of the Company's outstanding shares are required to meet corporate quorum requirements. The meeting was adjourned and rescheduled for 11:00 AM ET on July 19th, 2024. Interim CEO Scott Maskin not
MINNETONKA, Minn., June 25, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and back-up power to households and small businesses encourages its shareholders to participate actively in the upcoming meeting of shareholders scheduled on July 1, 2024. The Board of Directors emphasizes the importance of this shareholders' vote, specifically so that the company can achieve quorum to hold its annual meeting. Please vote even if you no longer own the shares but were a shareholder of record on the record date of May 23, 2024. Failure to secure quorum will result in the company being unable to hold its ann
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First Quarter 2024: Revenue down 40% from Q1 2023Gross profit down 40% from Q1 2023Operating Expenses down 31% from Q1 2023Operating Loss increased 2% from Q1 2023Net Income of $1.2M, Net Loss attributable to common shareholders of $10.1MAdjusted EBITDA loss of $1.5M MINNETONKA, Minn., May 09, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the first quarter ended March 31, 2024. Pineapple CEO Kyle Udseth commented, "The first quarter of 2024 presented the toughest operating conditions we've faced in our time as a public company. Negati
MINNETONKA, Minn., May 06, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, May 10 at 8:30am ET to discuss the company's first quarter 2024 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at https://ir.pineappleenergy.com/news-events after the close of the financial markets on May 9, 2024 prior to the conference call. About Pineapple EnergyPineapple is focused on growing leading local and region
Fourth Quarter 2023: Revenue up 13% from Q4 2022Gross profit up 10% from Q4 2022Operating Expenses down 8% from Q4 2022Operating Loss decreased 34% from Q4 2022Net Loss from continuing operations decreased 91% from Q4 2022Pro forma adjusted EBITDA up 222% from Q4 2022Positive cash flow from operations in Q4 2023 of $157,937 MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the fourth-quarter and full year ended December 31, 2023. Pineapple CEO Kyle Udseth commented, "Pineapple Energy, and our
MINNETONKA, Minn., March 23, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Thursday, March 28 at 4:15pm ET to discuss the company's fourth quarter and full year 2023 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at https://ir.pineappleenergy.com/news-events after the close of the financial markets on March 28, 2024 prior to the conference call. About Pineapple EnergyPineapple is focused on growing
MINNETONKA, Minn., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, November 10 at 9:00am ET to discuss the company's third quarter 2023 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at https://ir.pineappleenergy.com/news-events after the close of the financial markets on November 9, 2023 prior to the conference call. About Pineapple EnergyPineapple is focused on growing leading
MINNETONKA, Minn., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, August 11 at 8:30am ET to discuss the company's second quarter 2023 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at https://ir.pineappleenergy.com/news-events after the close of the financial markets on August 10, 2023 prior to the conference call. About Pineapple EnergyPineapple is focused on growing leading local a
MINNETONKA, Minn., May 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) (the "Company" or "Pineapple Energy"), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, May 12, at 8:00 a.m. ET to discuss the Company's First Quarter 2023 financial results. The Company plans to post a press release reporting its results on the Investor Relations section of its website at https://pineapple-holdings.com/investor-resources/ after the close of the financial markets on May 11, 2023 and prior to the conference call. Pineapple Energy First Qua
MINNETONKA, Minn., March 20, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) (the "Company" or "Pineapple Energy"), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, March 31, at 8:00 a.m. ET to discuss the Company's Fourth Quarter 2022 financial results. The Company plans to post a press release reporting its results on the Investor Relations section of its website at https://pineapple-holdings.com/investor-resources/ after the close of the financial markets on March 31, 2023 and prior to the conference call. Pineapple Ene
Acquisition Expected to Triple Annual RevenueStrong Fit with Pineapple's Customer-centric Model MINNETONKA, Minn., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. ("Pineapple," "Pineapple Energy" or the "Company"), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced the acquisition of SUNation Energy ("SUNation"), a New York-based installer of solar and battery energy storage systems for residential and small commercial customers. The transaction closed on November 9, 2022. SUNation has served Long Island for 19 years, offering a range of solar energy solutions including residential, commercial, battery storage,
Closes Merger with Communications Systems, Inc. Trading Under Symbol PEGY GAAP Revenue of $319,000 Reflects 3 Days of Post-Merger Operations Pro Forma Revenue of $5.5 Million up 24% MINNETONKA, Minn., May 23, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and back-up power to households and small businesses, today reported financial results for the quarter ended March 31, 2022. Dollar amounts in this release have been rounded to the nearest thousands. "We are thrilled to report to shareholders for the first time as a publicly traded company," said Kyle Udseth, Pineapple Energy's Chief Executive Officer. "We c
Shares of ASP Isotopes Inc. (NASDAQ:ASPI) fell during Friday's session after the company announced pricing of a $30 million public offering of 12 million shares at $2.50 per share. ASP Isotopes shares fell 9.2% to $3.2308 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Vicinity Motor Corp. (NASDAQ:VEV) shares jumped 133.2% to $0.7910 after the company announced CARB certification for the VMC 1200 class 3 electric truck. Qualigen Therapeutics, Inc. (NASDAQ:QLGN) shares rose 110% to $0.4335. TOYO Co., Ltd (NASDAQ:TOYO) climbed 63.4% to $2.5322. Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) jumped 58% to $9.52 foll
U.S. stocks traded mixed toward the end of trading, with the S&P 500 gaining around 0.1% on Tuesday. The Dow traded down 0.05% to 39,323.7 while the NASDAQ rose 0.10% to 18,422.24. The S&P 500 also rose, gaining, 0.12% to 5,579.76. Check This Out: Nvidia To Rally Over 40%? Here Are 10 Top Analyst Forecasts For Tuesday Leading and Lagging SectorsFinancials shares jumped by 1.1% on Tuesday. In trading on Tuesday, materials shares fell by 0.6%. Top Headline Helen of Troy Limited (NASDAQ:HELE) reported soft first-quarter earnings and lowered its FY25 guidance. Equities Trading UP Soligenix, Inc. (NASDAQ:SNGX) shares shot up 379% to $9.59 after the
Shares of Helen of Troy Limited (NASDAQ:HELE) fell sharply during Tuesday's session after the company reported soft first-quarter earnings and lowered its FY25 guidance. Helen of Troy reported quarterly earnings of 99 cents per share which missed the analyst consensus estimate of $1.59. The company reported quarterly sales of $416.85 million which missed the analyst consensus estimate of $446.22 million, according to data from Benzinga Pro. Helen of Troy shares dipped 30.3% to $62.06 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Soligenix, Inc. (NASDAQ:SNGX) shares jumped 195% to $5.90 after the company announced interim results for extende
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 50 points on Tuesday. The Dow traded down 0.41% to 39,182.94 while the NASDAQ rose 0.28% to 18,455.86. The S&P 500 also rose, gaining, 0.10% to 5,578.67. Check This Out: Nvidia To Rally Over 40%? Here Are 10 Top Analyst Forecasts For Tuesday Leading and Lagging SectorsInformation technology shares jumped by 0.8% on Tuesday. In trading on Tuesday, real estate shares fell by 0.9%. Top Headline Helen of Troy Limited (NASDAQ:HELE) reported soft first-quarter earnings and lowered its FY25 guidance. Equities Trading UP Soligenix, Inc. (NASDAQ:SNGX) shares sho
U.S. stocks traded mixed this morning, with the Dow Jones index falling more than 50 points on Tuesday. Following the market opening Tuesday, The Dow traded down 0.15% to 39,285.05 while the NASDAQ rose 0.46% to 18,489.15. The S&P 500 also rose, gaining, 0.22% to 5,585.27. Check This Out: Nvidia To Rally Over 40%? Here Are 10 Top Analyst Forecasts For Tuesday Leading and Lagging SectorsCommunication services shares jumped by 0.9% on Tuesday. In trading on Tuesday, energy shares fell by 1.2%. Top Headline The NFIB Small Business Optimism Index increased to 91.5 in June from 90.5 in May, recording the strongest reading since the start of the year. Equities Trading UP
Shares of Mainz Biomed N.V. (NASDAQ:MYNZ) rose sharply in today's pre-market trading after the company announced submission for the FDA Breakthrough Device Designation for its next generation CRC screening test. Mainz Biomed shares jumped 16% to $0.5534 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Pineapple Energy Inc. (NASDAQ:PEGY) rose 85% to $2.22 in pre-market trading. Pineapple Energy engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital raising activities. Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares rose 43.5% to $13.26 in pre-market trading after gaining 127% on Mon
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