Solar stock #1: Akeena Solar (AKNS) - Tobin Smith

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Solar stock #1: Akeena Solar (AKNS)
Aug 15, 2009 04:00 PM UTC

Tobin Smith

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Symbol	Sentiment	Start	Return	Closed
AKNS		08/15/09	-11.57%	--

Via BloggingStocks:

Filed under: Earnings reports, Stocks to Buy, Green Stocks

solar stocks Before the opening bell on July 30, Northern California-based Akeena Solar Inc. (NASDAQ: AKNS) reported a 17% decline in second-quarter revenue year over year. However, like we've seen so often this earnings season, the company's cost-savings efforts resulted in a better-than-expected bottom-line earnings numbers.

Akeena reported a net loss of 9 cents per share in the quarter, a number well above the 11-cent loss expected by Wall Street.

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Solar stock #1: Akeena Solar (AKNS) originally appeared on BloggingStocks on Sat, 15 Aug 2009 11:00:00 EST. Please see our terms for use of feeds.

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