Key Numbers from Tecogen Inc (NASDAQ:TGEN) 1Q18 Earnings Report

Tecogen Inc

Tecogen Inc (NASDAQ:TGEN) manufacturer of industrial and commercial cogeneration system reported net income for the first quarter of $ 0.02 million or $ 0.00 per share, compared to income of $ 0.04 million or $ 0.00 per share for the year-ago quarter.

The topline results for the first quarter rose 49% to $ 10.18 million from $ 6.85 million in the same quarter last year.

Analysts polled by Thomson Reuters expected Tecogen to report income of $ 0.01 per share on revenue of $ 9.43 million for the first quarter.

Benjamin Locke, CEO, commented, Coming off a full year of profitability in 2017, our first quarter results are tremendously positive as we look forward to maintaining success in 2018.

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