|
|
Article: Solar Energy Initiatives Announces Financial Guidance.(Company overview)
- Article from:
- Business Wire
- Article date:
- January 13, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Sequential Quarterly Revenue to Increase 100%
Company Expects $6 Million Revenue Run Rate by July 2009; Increasing to $21 Million by July 2010
PONTE VEDRA BEACH, Fla. -- Solar Energy Initiatives, Inc. (OTCBB:SNRY), a provider of solar solutions for homeowners and commercial customers, today announced that it expects to increase sequential revenues by 100% for the quarter ending January 31, 2009 compared to the previous quarter ending October 31, 2008. Additionally, the Company is anticipating its revenue run rate to be at $6 million by the end of the fiscal year ending July 31, 2009 and $21 million by the 2010 fiscal year-end. Solar Energy Initiatives ...