Ascent Solar Announces First Quarter 2021 Financial Results
THORNTON, CO, May 25, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire Ascent Solar Technologies, Inc. (OTC: ASTI), a developer and manufacturer of state-of-the-art, lightweight, and flexible thin-film photovoltaic (PV) solutions, reported results for the quarter ended March 31, 2021.
- THORNTON, CO, May 25, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire Ascent Solar Technologies, Inc. (OTC: ASTI), a developer and manufacturer of state-of-the-art, lightweight, and flexible thin-film photovoltaic (PV) solutions, reported results for the quarter ended March 31, 2021.
- The Company posted net revenue of $165K for Q1 2021, a sharp increase from the corresponding quarter in 2020 of $4K.
- Cash and cash equivalents have also improved sharply from a $168K balance in first quarter of 2020 to $3.7M for the quarter ended March 31, 2021.
- I am pleased with the results, both financially and operationally, said Mr. Victor Lee, President and CEO of Ascent Solar Technologies, Inc.