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RGS Energy Q1'18 net loss increases YOY

Real Goods Solar Inc on May 11 reported a first-quarter 2018 net loss of $4.3 million, compared to a net loss of $4.0 million in the first quarter of 2017.

Real Goods Solar updated net sales results May 14, reporting first-quarter 2018 net sales of $3.6 million, compared to net sales of $1.4 million in the same period of 2017.

Reported pro forma shareholder equity for the first quarter decreased to $3.4 million, compared with $17.9 million in the first quarter of 2017.

The company's working capital dropped to $807,000, from a working capital of $15.9 million, in the comparable period in 2017.

Real Goods Solar does business as RGS Energy and trades on Nasdaq under the ticker RGSE.