First Quarter 2024: Revenue down 40% from Q1 2023 Gross profit down 40% from Q1 2023 Operating Expenses down 31% from Q1 2023 Operating Loss increased 2% from Q1 2023 Net Income of $1.2M, Net Loss attributable to common shareholders of $10.1M Adjusted EBITDA loss of $1.5M MINNETONKA, Minn., May 09, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power... Read More

MINNETONKA, Minn., May 06, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, May 10 at 8:30am ET to discuss the company’s first quarter 2024 financial results. The company plans to provide a press release reporting... Read More

MINNETONKA, Minn., April 25, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today commented on the announcement of $7 billion in awards through the Environmental Protection Agency’s Solar for All program. “Demand for clean, resilient rooftop solar paired with battery storage remains strong, but unfortunately this... Read More

MINNETONKA, Minn., April 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc . (NASDAQ: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses encourages its shareholders to participate actively in the upcoming meeting of shareholders scheduled on April 12, 2024. The Board of Directors emphasizes the importance of this shareholders’ vote,... Read More

MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced CVR agreement extended to December 31, 2024. Pursuant to the merger of Communications Systems Inc. (CSI) and Pineapple Energy, Inc. on March 28, 2022, CSI shareholders of record at the close of business on March 25,... Read More

Fourth Quarter 2023: Revenue up 13% from Q4 2022 Gross profit up 10% from Q4 2022 Operating Expenses down 8% from Q4 2022 Operating Loss decreased 34% from Q4 2022 Net Loss from continuing operations decreased 91% from Q4 2022 Pro forma adjusted EBITDA up 222% from Q4 2022 Positive cash flow from operations in Q4 2023 of $157,937 MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a... Read More

MINNETONKA, Minn., March 23, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Thursday, March 28 at 4:15pm ET to discuss the company’s fourth quarter and full year 2023 financial results. The company plans to provide a... Read More

MINNETONKA, Minn., March 04, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excited to announce that CEO Kyle Udseth and CFO Eric Ingvaldson are attending Bank of America’s 2024 Power, Utilities and Clean Energy Conference in New York City, NY at the Bank of America Tower. Hosted by Bank of America Global... Read More

MINNETONKA, Minn., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced it has entered into a definitive agreement with investors for the purchase and sale of 2,702,703 shares of the Company’s common stock at a purchase price of $0.37 per share in a registered... Read More

MINNETONKA, Minn., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excited to announce that CEO Kyle Udseth and CFO Eric Ingvaldson attended Bank of America’s 2023 Renewables Conference in New York City, NY at the Bank of America Tower last week and will be attending Janney’s Clean Energy Investment... Read More

Revenue up 211% from Q3 2022 Gross profit up 401% from Q3 2022 Operating Expenses up 125% from Q3 2022 Net Loss from continuing operations decreased 8% from Q3 2022 Pro forma adjusted EBITDA up 156% from Q3 2022 Positive cash flow from operations of $869,851 MINNETONKA, Minn., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households... Read More

MINNETONKA, Minn., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, November 10 at 9:00am ET to discuss the company’s third quarter 2023 financial results. The company plans to provide a press release... Read More

MINNETONKA, Minn., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced that subsidiary E-Gear is the first company to integrate testing with Hawaiian Electric on the upcoming Bring Your Own Device (BYOD) tariff program through its ConductDER platform. The BYOD program will compensate customers... Read More

MINNETONKA, Minn., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today commented on the extension of the battery bonus program on Oahu in the state of Hawaii. “We applaud the extension of the deadline to a program that has contributed to one of the largest and most successful fleets of residential... Read More

MINNETONKA, Minn., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that subsidiary SUNation Energy has expanded to Tampa and Central Florida. Nationally recognized for its outstanding customer service, SUNation will now serve Central Florida homeowners with solar installations, battery... Read More

MINNETONKA, Minn., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Pursuant to the merger of Communications Systems Inc. (CSI) and Pineapple Energy, Inc. , which was completed on March 28, 2022, CSI shareholders of record at the close of business on March 25, 2022 (the “CVR Holders”) received one contractual, non-transferable contingent value right (“CVR”) per share of CSI common stock. Each CVR represents the right to receive a pro rata... Read More

MINNETONKA, Minn., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excited to announce that CEO Kyle Udseth and CFO Eric Ingvaldson will be attending Roth’s 10 th Annual Solar & Storage Symposium at RE+, which will be held at The Venetian Convention and Expo Center in Las Vegas, Nevada on September... Read More

Revenue up 370% from Q2 2022 Gross profit up 691% from Q2 2022 Operating Expenses up 122% from Q2 2022 Positive adjusted EBITDA MINNETONKA, Minn., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the second quarter ended June 30, 2023. Pineapple CEO Kyle Udseth... Read More

MINNETONKA, Minn., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, August 11 at 8:30am ET to discuss the company’s second quarter 2023 financial results. The company plans to provide a press release... Read More

MINNETONKA, Minn., July 07, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced the sale of substantially all the assets of legacy non-core subsidiaries JDL Technologies, Incorporated (“JDL”) and Ecessa Corporation (“Ecessa”) to TheIPGuys.net LLC doing business as OneNet Global (the “Transaction”).... Read More

$7.5 million debt instrument with 48-month term Retires SUNation short-term seller’s note with no equity dilution Allows Pineapple to move forward with full integration of SUNation for synergy realization MINNETONKA, Minn., June 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple”), a leading provider of solar power, battery storage systems, and smart energy control to households... Read More

MINNETONKA, Minn., June 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will participate in one upcoming investor conference taking place in June. Attendance at the conferences is open to clients of the respective firms. TD Cowen... Read More

Revenue up 28% from Q4 2022 Gross profit up 60% from Q4 2022 Positive adjusted EBITDA and cash flow from continuing operations $7.6 million of cash, restricted cash and investments MINNETONKA, Minn., May 11, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the first quarter... Read More

MINNETONKA, Minn., May 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, May 12, at 8:00 a.m. ET to discuss the Company’s First Quarter 2023 financial results. The Company... Read More

MINNETONKA, Minn., May 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will participate in two upcoming investor conferences taking place in May. Attendance at the conferences is open to clients of the respective firms. EF Hutton... Read More

Revenue +192% from Q3 2022 Gross profit +256% from Q3 2022 GAAP Net Loss ($539k), pro forma adjusted EBITDA ($170k) Increased pending installations to $47 million as of year-end $8 million of cash, restricted cash, and investments Completed acquisition of SUNation, leading New York installer, tripling revenue run rate MINNETONKA, Minn., March 30, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading... Read More

Potential for high recurring revenue with monthly per-device payment to E-Gear Licensing structure expected to make substantial margin contribution Initial up-front fee funds ongoing innovation and additional commercialization opportunities Solidifies E-Gear’s leading position in energy storage components MINNETONKA, Minn., March 22, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple... Read More

Pineapple Energy to Release Fourth Quarter 2022 Financial Results on March 30, 2023; Conference Call on March 31, 2023 Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management will host a conference call for investors and analysts on Friday, March 31, at 8:00 a.m. ET to... Read More

MINNETONKA, Minn., March 02, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that management participate at the 35th Annual Roth conference in Laguna Niguel, California. Management will be available for one-on-one meetings with institutional investors during... Read More

Bell-ringing will mark near one-year anniversary of the Company’s listing as PEGY on NASDAQ MINNETONKA, Minn., Feb. 24, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that Kyle Udseth, Chief Executive Officer, will ring the closing bell at the Nasdaq... Read More

SUNation to provide solar, battery storage and EV charging for net-zero energy ready homes Initial win at new housing development on Long Island Early traction in new-build housing strategy Demonstration project intended to lead to broader sales in New York and Hawaii MINNETONKA, Minn., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to... Read More

Partnership with a New York community college designed to empower next generation skilled workers First-of its-kind initiative designed for workforce placement immediately upon graduation First graduating class of 12 with five hired full-time by SUNation One of many programs that fulfill Pineapple’s commitment to social responsibility MINNETONKA, Minn., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY),... Read More

Pro forma combined revenue of $63 million in 2021, $71 million for 12 months trailing as of 9/30/22 Pro forma gross profit margin over 30% Pro forma cash and cash equivalents of $5 million as of 9/30/22 MINNETONKA, Minn., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, filed a Form 8-K/A on January 23,... Read More

MINNETONKA, Minn., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple,” “Pineapple Energy” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced today, as required by Nasdaq Listing Rule 5635(c)(4), that in connection with the appointments of Scott Maskin and James Brennan to the roles of Senior Vice President and General Manager,... Read More

Increased revenue +31% from Q2 2022 Increased gross profit +58% from Q2 2022 Increased kW sold +105% YoY Increased pending installations +40% from Q2 2022 $10.2 million of cash, restricted cash, and investments Step-function growth going forward from SUNation acquisition MINNETONKA, Minn., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading provider of sustainable solar energy and back-up power... Read More

Acquisition Expected to Triple Annual Revenue Strong Fit with Pineapple’s Customer-centric Model MINNETONKA, Minn., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple,” “Pineapple Energy” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced the acquisition of SUNation Energy (“SUNation”), a New York-based installer of solar... Read More

Pineapple Energy Inc. (“Pineapple,” “Pineapple Energy” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced today, as required by Nasdaq Listing Rule 5635(c)(4), that in connection with the appointment of Eric Ingvaldson as the Company’s Chief Financial Officer effective October 10, 2022, Mr. Ingvaldson received a grant of an inducement award on... Read More

Pineapple Energy Inc. (“Pineapple,” “Pineapple Energy” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, announced today that Eric Ingvaldson will become the Company’s Chief Financial Officer effective October 10, 2022. He succeeds Mark Fandrich, who resigned in August 2022. As Pineapple’s CFO, Mr. Ingvaldson will lead the Company’s finance organization... Read More

Progress on key initiatives in first full quarter as publicly traded company Solid performance in core Hawaii market Progress in building infrastructure Exploring multiple routes into new market entry Pineapple Energy Inc. (“Pineapple” or the “Company”) (Nasdaq:PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the second quarter... Read More

Pineapple Energy Inc. (“Pineapple” or “the Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today commented on the passage of the Inflation Reduction Act. “This bill represents the most-significant federal climate investment in U.S. history,” said Kyle Udseth, Pineapple Energy Chief Executive Officer. “We applaud the Senate’s hard work in passing this bill, as... Read More

Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or “the Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that Chief Financial Officer Mark Fandrich has decided to resign his position, effective on the date the Company files its second quarter Form 10-Q, which is currently anticipated to be August 12, 2022. Mr. Fandrich will work with Corporate... Read More

Pineapple Energy Inc . (“Pineapple” or “the Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that it sold its headquarters building in Minnetonka to Buhl Investors LLC (“Buhl”), a Twin Cities real estate investment firm with a focus on providing highly innovative investment solutions across a variety of product types. Buhl will convert the use of... Read More

Closes Merger with Communications Systems, Inc. Trading Under Symbol PEGY GAAP Revenue of $319,000 Reflects 3 Days of Post-Merger Operations Pro Forma Revenue of $5.5 Million up 24% Pineapple Energy Inc. (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today reported financial results for the quarter ended March 31, 2022. Dollar amounts in... Read More

Pineapple Holdings, Inc. , which was formerly Communications Systems, Inc. and changed its name when completing the merger with Pineapple Energy LLC, today announced that it changed its legal name to Pineapple Energy Inc. (Nasdaq: PEGY) (the “Company” or “Pineapple”), effective immediately. All other information about the Company, such as its headquarters address, remain unchanged. Pineapple continues to trade on the Nasdaq... Read More

Formed by Merger of Pineapple Energy LLC and Communication Systems Inc. Stock Trading on Nasdaq Market, Symbol PEGY Closes Concurrent Mergers with Hawaii Energy Connection, E-Gear In Various Stages of Negotiations with Potential Acquisition Partners Pineapple Energy (“Pineapple”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today launched its next phase of corporate... Read More