Tecogen (NYSEAMERICAN:TGEN) Issues Earnings Results, Beats Expectations By $0.02 EPS

Tecogen (NYSEAMERICAN:TGEN – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02, Zacks reports. The company had revenue of $7.87 million during the quarter, compared to analyst estimates of $6.44 million. Tecogen had a negative net margin of 42.28% and a negative return on equity of 44.25%.

Tecogen Trading Up 1.2%

TGEN stock opened at $1.70 on Thursday. The firm’s 50-day moving average price is $2.52 and its two-hundred day moving average price is $3.76. Tecogen has a 12-month low of $1.50 and a 12-month high of $8.18. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.46 and a current ratio of 2.93.

Tecogen Company Profile

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Tecogen Inc. develops, manufactures, sells and services clean-energy equipment designed to improve energy efficiency and reduce emissions. The company’s products are primarily powered by natural-gas or propane-fueled engines and are used in distributed power-generation, heating and cooling applications. Its product portfolio includes combined heat and power systems, which generate electricity while capturing useful heat; natural-gas engine-driven chillers and heat pumps; and related energy systems for commercial, industrial, institutional and multifamily buildings.

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Earnings History for Tecogen (NYSEAMERICAN:TGEN)

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