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SUNation Energy (SUNE)
NASDAQ:SUNE
Earnings Data
Report Date
Aug 25, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-11,059.9Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: -26.34%
|Next Earnings Date:Aug 25, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant progress in reducing debt and improving the financial position, alongside strong commercial revenue growth and operational efficiencies. However, the decline in consolidated revenue, gross margin, and the reported net loss indicate areas needing improvement. Despite these challenges, the positive guidance for 2025 suggests optimism for future growth.Company Guidance
During the SUNation Energy First Quarter 2025 Financial Results Conference Call, the company provided guidance for the year, projecting total sales between $65 million and $70 million, an anticipated increase of 14% to 23% from 2024's $56.9 million. They also expect adjusted EBITDA to range from $500,000 to $700,000, a significant turnaround from the adjusted EBITDA loss experienced in 2024. The company emphasized a strategic focus on reducing operational costs, having lowered interest expenses by $1.4 million for the year due to the elimination of $12.5 million in high-cost debt. Additionally, SUNation is exploring opportunities to expand its service and maintenance business, particularly in the New York metro region, to capitalize on the increased demand for solar installations and maintenance services. The company highlighted a strong commercial backlog of $7.4 million, marking a 32% increase from the previous year.Debt Reduction and Improved Financial Position
SUNation Energy repaid nearly $10 million in high-cost debt, continued to meet other debt obligations, and lowered total debt by 51% from $19.1 million to $9.3 million since December 31, 2024. Additionally, cash and cash equivalents rose by $1.4 million.
Commercial Revenue Growth
Commercial revenue rose by 28% from the previous year's first quarter, contributing to a strong commercial backlog of $7.4 million, a 32% increase over March 31, 2024.
Operational Efficiency Gains
SUNation Energy implemented cost optimizations and efficiency measures resulting in a 9% decline in SG&A expenses and expects annual cost savings of approximately $2 million for 2025.
Positive Guidance for 2025
The company expects total sales of $65 million to $70 million, representing an increase between 14% and 23% from 2024. Adjusted EBITDA is projected to be between $500,000 and $700,000, compared to a loss in 2024.
SUNE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SUNE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $2.05 | $1.76 | -14.15% |
Mar 27, 2025 | $89.14 | $88.90 | -0.27% |
Nov 11, 2024 | $618.00 | $636.00 | +2.91% |
Aug 19, 2024 | $9326.00 | $9441.00 | +1.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SUNation Energy (SUNE) report earnings?
SUNation Energy (SUNE) is schdueled to report earning on Aug 25, 2025, TBA Not Confirmed.
What is SUNation Energy (SUNE) earnings time?
SUNation Energy (SUNE) earnings time is at Aug 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SUNE EPS forecast?
Currently, no data Available