News & Videos - PINEAPPLE ENERGY INC.

MINNETONKA, Minn., May 17, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today announced that Chief Executive Officer Kyle Udseth has decided to resign his position, effective immediately. Pineapple Board Member and SUNation Energy Founder Scott Maskin will assume the position of Interim Chief Executive Officer. SUNation Energy, a regional solar company based on Long Island, NY...

First Quarter 2024: Revenue down 40% from Q1 2023 Gross profit down 40% from Q1 2023 Operating Expenses down 31% from Q1 2023 Operating Loss increased 2% from Q1 2023 Net Income of $1.2M, Net Loss attributable to common shareholders of $10.1M Adjusted EBITDA loss of $1.5M MINNETONKA, Minn., May 09, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results...

MINNETONKA, Minn., May 06, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, May 10 at 8:30am ET to discuss the company’s first quarter 2024 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at...

MINNETONKA, Minn., April 25, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today commented on the announcement of $7 billion in awards through the Environmental Protection Agency’s Solar for All program. “Demand for clean, resilient rooftop solar paired with battery storage remains strong, but unfortunately this energy choice has not always been accessible for all households....

MINNETONKA, Minn., April 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses encourages its shareholders to participate actively in the upcoming meeting of shareholders scheduled on April 12, 2024. The Board of Directors emphasizes the importance of this shareholders’ vote, specifically urging for a positive vote FOR the reverse stock split...

MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced CVR agreement extended to December 31, 2024. Pursuant to the merger of Communications Systems Inc. (CSI) and Pineapple Energy, Inc. on March 28, 2022, CSI shareholders of record at the close of business on March 25, 2022 (the “CVR Holders”) received one contractual, non-transferable...

Fourth Quarter 2023: Revenue up 13% from Q4 2022 Gross profit up 10% from Q4 2022 Operating Expenses down 8% from Q4 2022 Operating Loss decreased 34% from Q4 2022 Net Loss from continuing operations decreased 91% from Q4 2022 Pro forma adjusted EBITDA up 222% from Q4 2022 Positive cash flow from operations in Q4 2023 of $157,937 MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to...

MINNETONKA, Minn., March 23, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Thursday, March 28 at 4:15pm ET to discuss the company’s fourth quarter and full year 2023 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of...

MINNETONKA, Minn., March 04, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excited to announce that CEO Kyle Udseth and CFO Eric Ingvaldson are attending Bank of America’s 2024 Power, Utilities and Clean Energy Conference in New York City, NY at the Bank of America Tower. Hosted by Bank of America Global Research, the conference format features topical discussions,...

MINNETONKA, Minn., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced it has entered into a definitive agreement with investors for the purchase and sale of 2,702,703 shares of the Company’s common stock at a purchase price of $0.37 per share in a registered direct offering. The gross proceeds to Pineapple from the...

MINNETONKA, Minn., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excited to announce that CEO Kyle Udseth and CFO Eric Ingvaldson attended Bank of America’s 2023 Renewables Conference in New York City, NY at the Bank of America Tower last week and will be attending Janney’s Clean Energy Investment Symposium this week in New Orleans, LA at Tulane University. The...

Revenue up 211% from Q3 2022 Gross profit up 401% from Q3 2022 Operating Expenses up 125% from Q3 2022 Net Loss from continuing operations decreased 8% from Q3 2022 Pro forma adjusted EBITDA up 156% from Q3 2022 Positive cash flow from operations of $869,851 MINNETONKA, Minn., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the third...

MINNETONKA, Minn., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, November 10 at 9:00am ET to discuss the company’s third quarter 2023 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at...

MINNETONKA, Minn., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced that subsidiary E-Gear is the first company to integrate testing with Hawaiian Electric on the upcoming Bring Your Own Device (BYOD) tariff program through its ConductDER platform. The BYOD program will compensate customers through a bill credit for the use of eligible load-shaping devices that...

MINNETONKA, Minn., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today commented on the extension of the battery bonus program on Oahu in the state of Hawaii. “We applaud the extension of the deadline to a program that has contributed to one of the largest and most successful fleets of residential batteries being used to meet peak demand on an American Grid,” said...

MINNETONKA, Minn., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that subsidiary SUNation Energy has expanded to Tampa and Central Florida. Nationally recognized for its outstanding customer service, SUNation will now serve Central Florida homeowners with solar installations, battery storage, and EV charging services in addition to SPAN Smart Electrical...

MINNETONKA, Minn., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Pursuant to the merger of Communications Systems Inc. (CSI) and Pineapple Energy, Inc., which was completed on March 28, 2022, CSI shareholders of record at the close of business on March 25, 2022 (the “CVR Holders”) received one contractual, non-transferable contingent value right (“CVR”) per share of CSI common stock. Each CVR represents the right to receive a pro rata portion of proceeds available from the disposition of CSI’s...

MINNETONKA, Minn., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excited to announce that CEO Kyle Udseth and CFO Eric Ingvaldson will be attending Roth’s 10 th Annual Solar & Storage Symposium at RE+, which will be held at The Venetian Convention and Expo Center in Las Vegas, Nevada on September 12 th . The meeting format is 1-on-1 or small group meetings, which...

Revenue up 370% from Q2 2022 Gross profit up 691% from Q2 2022 Operating Expenses up 122% from Q2 2022 Positive adjusted EBITDA MINNETONKA, Minn., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the second quarter ended June 30, 2023. Pineapple CEO Kyle Udseth commented, “We were able to deliver an excellent second quarter, against a...

MINNETONKA, Minn., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, August 11 at 8:30am ET to discuss the company’s second quarter 2023 financial results. The company plans to provide a press release reporting its results on the Investor Relations section of its website at...