David Eisenhaure - This quarter should be viewed as a transition quarter. We...

This quarter should be viewed as a transition quarter. We closed the books on the December quarter with 14 megawatts of solar inverters already shipped and on the strength of the product launch of our 500kW solar inverter we are emerging as the leading provider of commercial grade inverters. Our market traction in the burgeoning photovoltaic market combined with our leading position in providing inverters for the stationary fuel cell market give us confidence that our revenue growth in the alternative energy sector is sustainable. This is an important inflection point for our company as we invest in the service infrastructure to support the anticipated growth. The sale of the non-strategic shaker and amplifier product line was a key step in this transition.

David Eisenhaure

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David Eisenhaure Quotes

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This quarter should be viewed as a transition quarter. We closed the books on the December quarter with 14 megawatts of solar inverters already shipped and on the strength of the product launch of our 500kW solar inverter we are emerging as the leading provider of commercial grade inverters. Our market traction in the burgeoning photovoltaic market combined with our leading position in providing inverters for the stationary fuel cell market give us confidence that our revenue growth in the alternative energy sector is sustainable. This is an important inflection point for our company as we invest in the service infrastructure to support the anticipated growth. The sale of the non-strategic shaker and amplifier product line was a key step in this transition. David Eisenhaure

They Said So®

Keywords

quarter viewed transition closed books december megawatts solar inverters shipped strength product launch 500kw inverter emerging leading provider commercial grade market traction burgeoning photovoltaic combined position providing stationary fuel cell give confidence revenue growth alternative energy sector sustainable important inflection point company invest service infrastructure support anticipated sale -strategic shaker amplifier line key step

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