Notably, the company reported positive net income after nearly seven consecutive years of losses. (techtimes.com)
NY Green Bank, a core component of the CEF, has generated $ 27.6 million in positive net income as a result of $ 457.5 million in investments in clean energy transactions across New York. (nyserda.ny.gov)
«If we execute according to our plans, we will at least achieve positive net income excluding non-cash stock based compensation in Q3 and Q4 and we expect to also achieve full GAAP profitability in each of these quarters,» the company wrote in a letter to shareholders accompanying its first - quarter earnings report on Wednesday. (cnbc.com)