PowerSecure International soars on robust Q2, results beat the Street
Shares of PowerSecure International, Inc. (Nasdaq:POWR) are rocketing on high volume ahead of the opening bell after the energy management provider reported healthy second-quarter results after Thursday’s close that bested the consensus on Wall Street. The company posted a profit in the quarter compared to a loss in the same period last year and revenues surged 86% as the firm experienced strong gains across all business units.
Shares spiked 30%, or $1.84, to $7.91 ahead of the open. For detailed price information and recent news stories about PowerSecure International, click POWR.
About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.
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