NEW YORK, Nov. 19, 2015 /PRNewswire/ -- Solar3D Inc.
(NASDAQ: SLTD) a leading provider of solar power solutions,
announced recently that the Company is increasing its guidance to
$48-$52 million in annual revenue
from its previously issued guidance of $40-$45 million. The guidance does not include
revenue from acquisitions yet to be completed this year.
The increase in market guidance is based on the Company's
recently released sales figures, as well as its extensive sales
backlog. Last week, the Company announced revenue numbers of
$19.7 million for Q3 2015, more than
triple the $6.4 million reported for
Q3 2014 due to strong SUNworks organic growth and the addition of
MD Energy. With a sales backlog of nearly $30 million, the Company is confident in its
continued sales success, allowing Company leadership to focus on
identifying profitable solar companies to add to its portfolio of
operation divisions.
For a more detailed research report with analyst comments on
Solar3D Inc. please follow the link. There is no cost obligation
required to view analyst brief.
http://bit.ly/-SLTD_Due_Diligence
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