(MENAFNEditorial)
XsunX Inc. (XSNX) a commercial provider of solar energy solutions continues to exceed growth expectations with third period revenues increasing by 60%. Tom Djokovich XsunX CEO cited an aggressive investment into their sales force by adding additional personnel in the previous quarter. Commenting on his team’s recent success Djokovich commented “…we are continuing to build sales momentum with a rapidly growing project bid channel now in excess of $10 million in commercial solar system proposals. We also added sales people this last quarter to help build the depth and quality of our bid channel. With the sales cycle requiring about 3 to 6 months for commercial systems we saw the need to load our sales channel now to see increasing sales in future periods and it looks like the investments may begin paying off.”
“This is an exciting time to be building a strong brand presence in the commercial solar market. We believe that solar adoption in the commercial market is still in its early stages and we are working very hard to deliver top quality systems and service to ensure that XsunX develops a premium brand awareness. Our focus now is to continue our progress towards profitability” added Djokovich. With gross margins remaining in excess of 30% this is one company that we are going to continue to keep a close eye on. The commercial solar market is still in its infancy and the growth opportunities for well positioned companies within the commercial solar sector are truly without bounds.
The bottom line oriented sales model of XsunX focuses its efforts on educating its customers on the financial benefits that solar now has to offer. XsunX offers factory direct pricing zero money down financing and an unbeatable 25 year warranty along with with the most experienced team in the business. With amazing government tax incentives for companies utilizing solar power the time is ripe for harvest for experienced companies like companies like XsunX that offer comprehensive solutions to commercial energy challenges.
Investor News Source offers readers more information on XsunX Inc. and other emerging small cap Solar companies by subscribing to its member network at http://bit.ly/1sWtgmy
About Investor News Source Consulting LLC
Investor News Source Consulting LLC is a full-service Financial Communications and Investor Relations Firm that specializes in maximizing investor awareness for publicly traded companies. Investor News Source monitors the markets for day trading and swing trading signals on NASDAQ AMEX NYSE OTCBB and Pink Sheet companies for its subscribers. InvestorNewsSource.com offers a free e-newsletter which includes the added advantage of receiving tips tricks and detailed trading strategies to each subscriber.
About XsunX
XsunX provides solar energy solutions with the greatest bottom-line financial benefits for commercial and industrial users. Our background and experience spans virtually all aspects of solar including technology assessment design and development. The company has developed a highly skilled team of qualified engineering and specialty contractors with extensive commercial solar experience necessary to service the diverse conditions that can be encountered in commercial buildings. The company couples this superior design and delivery capability with factory direct pricing and zero down financing options to provide exceptional solar power plant installation opportunities for its clients.
For more information please visit their website at www.xsunx.com.
Safe Harbor Statement
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance and involve known and unknown risks uncertainties and other factors that may cause our actual results levels of activity performance or achievements to be materially different from any future results levels of activity performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown uncertainties and other factors which are in some cases beyond the Company's control which could and likely will materially affect actual results levels of activity performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks uncertainties and assumptions relating to operations results of operations growth strategy and liquidity. Such risks uncertainties and other factors which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements even if new information becomes available in the future.
Disclaimer
Contact:
admin@investornewssource.com
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.