Operating expenses were approximately 41.3% of net revenue normalized for the unusual equipment sourcing mentioned above, as compared to 35.5% of net revenue on a pro forma basis for the same quarter last year. The increase in operating expenses is primarily associated with centralization and addition of resources at the Company's Colorado location.Operating loss and net loss for the second quarter of 2012 was $4.0 million and $2.5 million ($0.09 loss per share), respectively. The prior year operating loss and net loss for the second quarter was $1.9 million and $1.6 million ($0.08 loss per share), respectively, including $2.0 million of Alteris acquisition related costs. On a pro forma basis, the Non-GAAP 2011 second quarter operating loss and net loss was $3.0 million and $1.9 million ($0.07 loss per share), respectively, including the Alteris operations and excluding acquisition costs.
Real Goods Solar Reports Second Quarter 2012 Results
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts