Maxim Group analyst Tate Sullivan downgrades SPI Energy (NASDAQ:SPI) from Buy to Hold.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/27/2021 | $12.00 | Buy | Maxim Group |
MCCLELLAN PARK, CA / ACCESSWIRE / November 21, 2024 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage solutions for business, residential, government, logistics and utility customers, today announced that it received a letter from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") issuing a Staff determination (the "Staff Determination") on November 19, 2024. The Staff Determination noted that since the Company has not yet filed its Form 10-Q for the period ended September 30, 2024, it no longer complies with Nasdaq Listing Rule 5250(c)(1) ("Rule") which requires the timely filing
/ ACCESSWIRE / October 23, 2024 / MCCLELLAN PARK, CA / ACCESSWIRE / October 23, 2024 / SPI Energy Co., Ltd. (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage solutions for business, residential, government, logistics and utility customers, today announced that it previously received a letter from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") issuing a Staff determination (the "Staff Determination" and such letter, the "Letter"). The Staff Determination noted that as the Company had not regained compliance with the Listing Rule 5550(a)(2) within the period as prescribed by the Staff, its securities wi
New line of steel-framed solar modules reduces production-based carbon footprint and bolsters U.S.-based supply chainMCCLELLAN PARK, CA / ACCESSWIRE / September 4, 2024 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar, storage and electric vehicle (EV) solutions announced its wholly owned subsidiary, Solar4America (S4A), a Sacramento, Calif.-based solar module manufacturer, will launch a new solar module line using industry innovator Origami Solar's domestically produced steel module frames. By leveraging regional frame-making resources and recycled steel, Origami Solar's steel frames cut production-related greenhouse gases by o
Net revenues up 31% year-over-year to $55.9 million in Q3 2023Net income from continuing operations improved to $0.8 million in Q3 2023, up from a net loss of $9.6 million in Q3 2022McClellan Park, CA / ACCESSWIRE / November 21, 2023 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage solutions for business, residential, government, logistics and utility customers, today announced its financial results for the third quarter ended September 30, 2023.Third Quarter 2023 Financial Highlights:Net revenues were $55.9 million in Q3 2023, up 31% from $42.8 million in Q3 2022Gross profit improved to $7.5 million in Q3 2023, up from a g
ORLANDO, FL / ACCESSWIRE / October 13, 2023 / RedChip Companies will air interviews with SPI Energy Co., Ltd., (NASDAQ:SPI) and Soligenix, Inc. (NASDAQ:SNGX) on The RedChip Small Stocks Big Money® Show, a sponsored program on Bloomberg TV, this Saturday, October 14, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:SPI Energy: https://www.redchip.com/assets/access/spi_accessSoligenix: https://www.redchip.com/assets/access/sngx_accessDenton Peng, Chairman and CEO of SPI Energy, and Mark Hastings, Senior Vice President of Corporate Development and Strategy of Phoenix Motor, appear on the RedChip Sma
Company to host conference call to discuss Q2 2023 results on August 22 at 4:30 pm ETMCCLELLAN PARK, CA / ACCESSWIRE / August 21, 2023 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers, today announced its financial results for the second quarter ended June 30, 2023.Second Quarter 2023 Financial Highlights:Net sales were $58.9 million in Q2 2023, up 21.1% from $48.6 million in Q2 2022Gross profit improved to $5.2 million in Q2 2023, up 35.3% from $3.9 million in Q2 2022Gross margin as a percentage of net sales improved
New solar wafer manufacturing business addresses increasing demand for locally sourced solar wafersMCCLELLAN PARK, CA / ACCESSWIRE / January 24, 2023 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers, today announced its wholly owned subsidiary, SEM Wafertech, Inc., appointed Yuepeng Wan, PhD, as its Chief Technology Officer.Dr. Wan is a leading expert in the silicon wafer industry and brings more than 20 years of experience to his role at SEM Wafertech, including nearly 15 years as CTO of world leading silicon material
New COO brings 10+ years of industry experience leading one of the largest residential solar integrators in the USSACRAMENTO, CA / ACCESSWIRE / May 18, 2022 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers, today announced the appointment of William Chen as COO of SolarJuice.Prior to joining SolarJuice, Chen has over 20 years in the executive construction management arena, he was COO of Galkos Construction, one of the largest residential solar integrators in the US, for more than 10 years. Previously, Chen was Vice Pre
VANCOUVER, British Columbia, March 30, 2022 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced the appointment of Mr. Joseph Mitchell as Chief Operating Officer of the Company, effective on April 1, 2022. Mr. Mitchell brings decades of experience in the automotive industry and most recently served as the Chief Executive Officer at Phoenix Motorcars, a subsidiary of SPI Energy (NASDAQ:SPI), a global renewable energy company and provider of solar storage EV solutions. Mr. Mitchell was responsible for full P&L, strategic and busi
Maxim Group initiated coverage of SPI Energy with a rating of Buy and set a new price target of $12.00
8-K - SPI Energy Co., Ltd. (0001210618) (Filer)
8-K - SPI Energy Co., Ltd. (0001210618) (Filer)
8-K - SPI Energy Co., Ltd. (0001210618) (Filer)
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Maxim Group analyst Tate Sullivan downgrades SPI Energy (NASDAQ:SPI) from Buy to Hold.