Juhl Energy, Inc. reported earnings results for the year ended December 31, 2014. For the year, the company's total revenue increased by approximately $745,000, or 5.6%, from approximately $13,399,000 for the year ended December 31, 2013, to approximately $14,144,000 for the year ended December 31, 2014. The increase in revenue is primarily attributable to growth in engineering consulting services to the utility industry and increased development fee income, together with the effects of growth in sales stemming from acquisitions of two wind farms and the online solar company, PVPower.

Operating loss increased approximately $1,328,000, from an operating loss of $1,489,000 for the year ended December 31, 2013 to an operating loss of approximately $2,817,000 for the year ended December 31, 2014. The increase in loss is primarily attributable to $1.8 million turbine asset impairment charge, as well as increases in stock compensation expense and professional fees, offset by higher gross margins that are otherwise occurring from all of business units. Net loss increased by approximately $2,537,000 from a net loss of approximately $3,046,000 for the year ended December 31, 2013 to a net loss of approximately $5,583,000 for the year ended December 31, 2014.

Adjusted EBITDA increased by $569,000, or 79.4% from approximately $717,000 for the year ended December 31, 2013 to approximately $1,286,000 for the year ended December 31, 2014. Basic and diluted net loss per share of $0.20 per common share for the year ended December 31, 2014 compared to the $0.17 net loss per common share for year ended December 31, 2013.