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$SUNWPanvezys, published August 13, 2021
Total revenue for the quarter ended June 30, 2021 was $32.1 million compared to $9.7 million in the same period last year. Second quarter 2021 revenue included $22.8 in residential revenue from Solcius.
Gross margin for the second quarter of 2021 was 47.2% compared to 24.9% for the second quarter of 2020, reflecting the positive contribution from Solcius' business model and operational improvements throughout the business, including increased focus on accuracy in estimating and quoting and improved execution.
Operating expenses for the second quarter were $19.9 million compared to a $3.7 million in the second quarter last year
Net loss for the quarter ended June 30, 2021 was ($1.9) million, or ($0.07) per basic and diluted share (based on 27.0 million shares), compared to net loss of ($1.5) million or ($0.09) per basic and diluted share (based on 16.6 million shares) in the second quarter of 2020.