Pineapple Energy: Q4 Earnings Snapshot

MINNETONKA, Minn. (AP) — MINNETONKA, Minn. (AP) — Pineapple Energy Inc. (PEGY) on Thursday reported a loss of $7.4 million in its fourth quarter.

The Minnetonka, Minnesota-based company said it had a loss of 84 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 12 cents per share.

The broadband network services company posted revenue of $17.2 million in the period.

For the year, the company reported a loss of $10.4 million, or $1.54 per share. Revenue was reported as $27.5 million.

Pineapple Energy expects full-year revenue in the range of $80 million to $85 million.


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