SolarMax Technology Q2 EPS $(0.98) Down From $(0.50) YoY, Sales $10.200M Up From $6.883M YoY

Benzinga Newsdesk www.benzinga.com Negative 89.6%

Neg 89.6% Neu 0% Pos 0%

SolarMax Technology (NASDAQ:SMXT) reported quarterly losses of $(0.98) per share. This is a 96 percent decrease over losses of $(0.50) per share from the same period last year. The company reported $10.200 million in sales this quarter. This is a 48.19 percent increase over sales of $6.883 million the same period last year.