Tecogen (TGEN) Misses Q3 EPS by 4; Announces Rebranding
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Revenue Growth %: -19.8%
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Licensing revenue: 29K
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Tecogen (NASDAQ: TGEN) reported Q3 EPS of ($0.06), $0.04 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $4.68 million versus the consensus estimate of $5.9 million.
In conjunction with the third quarter earnings numbers released today the Company is also announcing a re-branding of its breakthrough emissions control technology. Ultera™, Tecogen's Ultra Low Emissions Reduction system, has reached a phase of development that merited its own unique stand-alone brand. The Ultera brand will better differentiate the Company's valuable intellectual property as it is commercialized for new market applications, including automotive engines.
For earnings history and earnings-related data on Tecogen (TGEN) click here.
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