Flexible Electronics News

Ascent Solar Announces 1Q 2016 Financial Results

EnerPlex products’ retail footprint more than doubles, including more than 1,000 Verizon Wireless Retail locations nationwide

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ascent Solar Technologies, Inc. reported results for the first quarter ended March 31, 2016. Total net revenue for the first quarter of 2016 was $710,000, compared to $658,000 reported for the same period last year, which was an increase of about 8%.   More importantly, net revenue for the period included $687,000 of product sales, compared to $533,000 for the three months ended March 31, 2015, representing a healthy increase of $154,000, or approximately 29%. The increase in product sales is ...

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