Tecogen Q2 2023 revenue $6.7M (+5.2% YoY); net loss narrows to $0.8M; backlog rises to $11.3M

TECOGEN INC.

2023-Q2 EPS reported -$0.09 revenue$12,128,576

Q2 revenue $6.7M (up 5.2% from $6.4M in Q2 2022); net loss $0.8M (improved from $0.9M); EPS loss $0.03.
H1 revenue $12.1M (down 12.4% YoY); net loss $2.3M (worsened from $0.8M in H1 2022).
Services revenue $4.0M (+29.6% YoY) driven by Aegis acquisition; Products revenue $2.4M (-18.8%).
Sales backlog grew from $7.1M (Q1 end) to $8.3M (Q2 end) to $11.3M as of August 9, 2023.
Adjusted EBITDA negative $592K (Q2 2023) vs negative $651K (Q2 2022).

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TECOGEN INC. reported three and six months ended June 30, 2023 results: revenue $6.7 million, net income net loss of $0.8 million, EPS $0.03/share.

Period: three and six months ended June 30, 2023
Revenue: $6.7 million
Net income: net loss of $0.8 million
EPS: $0.03/share
Result: reported results

Exact text from the filing

Tecogen Announces Second Quarter 2023 Results Q2 2023 revenue of $6.7 million, an increase of 5.2% QoQ WALTHAM, Mass., August 9, 2023 - Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $6.7 million and a net loss of $0.8 million for the quarter ended June 30, 2023 compared to revenues of $6.4 million, and a net loss of $0.9 million in 2022.

View on SEC.gov

36 earnings releases filed in the last 30 days. Browse all earnings releases →

TECOGEN INC. filing history →

Source: SEC EDGAR

accession 0001537435-23-000093

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.