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GlobeNewsWire
11 days ago
SUNation Energy Announces 2025 Second Quarter Results and Reiterates Full Year Financial Guidance
FY 2025 Total Sales Expected to Rise 14% - 23% from FY 2024 with Positive Adjusted EBITDA Q2 2025 Select Highlights Gross Margin Expanded to 37% Total Debt Declined by $11.7 Million, a 61% Improvement from December 31, 2024 Residential Backlog at June 30, 2025 Increased to $27.1 Million from December 31, 2024 and Rose to $35.6 Million at July 31, 2025 RONKONKOMA, N.Y., Aug. 18, 2025 (GLOBE NEWSWIRE) -- SUNation Energy, Inc. (Nasdaq: SUNE) (the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced financial results for the second quarter ended June 30, 2025 (“Q2 2025”) and reiterated full year financial guidance for total sales and Adjusted EBITDA.