Solar Thin Films, Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
November 20, 2013 at 06:30 am EST
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Solar Thin Films, Inc. announced earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported revenues of $950,000, which are the first revenues, recorded by the company since the acquisition of Quality Resource Technologies Inc. on April 30, 2013. Profit during the quarter was $549,992, which equates to earnings of $0.01 per share.
For the nine months, the company reported revenues and income of $950,000 and $286,147, respectively.
Solar Thin Films, Inc., operating as STF Group, is a clean technology company. The Company operates in three core business units: Solar Photo Voltaic (PV) Development residential, commercial and solar off grid lighting; PowerBoy energy efficiency and harvesting products, and SpaceCube light-weight Fiberglass Reinforced Plastic (FRP) storage/shipping containers. It also provides modular Energy Star rated ECO-homes. PowerBoy/SpaceCube Stores markets and sells solar PV and solar hot water kits and systems, manufactured, assembled and deployed by STF, to residential, commercial and government customers. SpaceCube storage/shipping containers are manufactured a with a composite Fiberglass Reinforced Plastic (FRP) wall panel system that reduces the weight of containers by 30%. The strength of the FRP wall panel system gives SpaceCubes superior surface resistance, corrosion protection and the ability to be stored in a stacked position in any environmental condition.
SOLAR THIN FILMS, INC. 
