Pineapple Energy Regains Nasdaq Compliance
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RONKONKOMA, N.Y., Oct. 28, 2024 (GLOBE NEWSWIRE) -- SUNation, the New York-based subsidiary of Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy, backup power solutions, and system servicing, today announced a strategic partnership with Houston, Texas-based Radial Power, a key player within distributed energy and a provider of sustainability solutions for commercial and industrial real estate asset owners. This strategic partnership will harness the combined expertise of both companies to deliver innovative renewable energy solutions. It also marks a significant step in SUNation's expansion beyond its traditional New York
RONKONKOMA, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- SUNation, the New York-based subsidiary of 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, has completed the foundational engineering work for an 8.46 MW series of commercial projects on Long Island collectively valued at $11 million. The work was performed as part of an exclusive Letter of Intent on the engineering portion of the project. SUNation is working with the project principals to finalize details for contracts that would have the Company perform ins
RONKONKOMA, N.Y., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) ("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 that work will soon be commencing on two new commercial contracts for solar projects on Long Island. The work will be performed under contract for facilities within the arts & entertainment and consumer retail sectors and is expected to begin in the fourth quarter of 2024. In terms of renewable energy production, generation across the two distinct sites is expected to yield a total of 87 kW of clean energy across a
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
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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
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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
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