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For the three months ended 28 February 2018, 8Point3 Energy Partners LP revenues increased 10% to $10.9M. Net loss before extraordinary items totaled $2.4M vs. income of $861K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Selling, general and administrative increase from $1.9M to $4.3M (expense), Interest expense increase of 12% to $6.2M (expense).
Period Ending: | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 |
---|---|---|---|---|
Total Revenue | 10.87 | 15.77 | 27.74 | 16.68 |
Gross Profit | 8.48 | 13.72 | 25.68 | 14.57 |
Operating Income | -2.93 | 2.68 | 16.39 | 5.72 |
Net Income | 9.95 | -0.31 | 7.47 | 3.39 |
Period Ending: | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 |
---|---|---|---|---|
Total Assets | 1582.96 | 1609.2 | 1644.35 | 1636.23 |
Total Liabilities | 1326.87 | 1355.25 | 1382.49 | 1374.49 |
Total Equity | 256.09 | 253.96 | 261.86 | 261.74 |
Period Ending: | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | 5.36 | 88.67 | 64.26 | 24.98 |
Cash From Investing Activities | 13.87 | -281 | -299.92 | -285.25 |
Cash From Financing Activities | -18.87 | 191.59 | 231.76 | 256.64 |
Net Change in Cash | 0.35 | -0.73 | -3.9 | -3.63 |
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