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SPI Energy Co., Ltd.: SPI Energy Reports Revenue Up 42% to Record $138.6M in Fiscal Year 2020


SPI Energy Co., Ltd.: SPI Energy Reports Revenue Up 42% to Record $138.6M in Fiscal Year 2020
Company reaffirms 2021 revenue guidance of $200M-$240M
SPI Energy to host conference call to discuss FY20 results on May 3 at 4:15 pm ET
SANTA CLARA, CA / ACCESSWIRE / April 29, 2021 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the Company ), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers, and investors, today announced its financial results for the fiscal year ended December 31, 2020.
2020 Financial Highlights:
Gross margins improved to 12.2% in 2020, up from 7.3% in 2019
Operating income improved by nearly $20 million to $0.1 million in 2020, up from an operating loss of $19.2 million in 2019 ....

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SPI Energy Co., Ltd.: SPI Energy's Phoenix Motorcars Appoints Auto Industry Veteran Joe Mitchell as its New CEO


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SANTA CLARA, CA / ACCESSWIRE / February 16, 2021 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the Company ), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers and investors, today announced its board of directors has appointed auto industry veteran Joseph R. Mitchell as its new chief executive officer, effective on Feb 15, 2021.
Mitchell s 30 years of automotive industry experience includes 20 years directly in the EV market. He started his career with Ford Motor Company of Canada in Operations and Quality and had a number of positions of increasing responsibility throughout the US, Canada, and Mexico. In 1999, Mitchell entered the EV and fuel cell vehicle market, taking on a position to run the electric powertrain operations for a newly formed JV between Ford, Daimler and Ballard Power to develop a fuel cell electric powertrain system for this emerging ma ....

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