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Tecogen Announces Fourth Quarter and Year-End 2024 Results

1. Tecogen Inc. reported improved revenue of $6.08 million and reduced loss. 2. Cash from operations increased to $4.06 million, aiding facility improvements.

Earnings
-16.34%Current Return
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-1.06%S&P 500
$2.5703/17 05:05 PM EDTEvent Start
$2.1503/18 11:28 PM EDTLatest Updated
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FAQ

Why Bullish?

The increase in revenue and reduction in loss highlights operational efficiency, which can attract investor interest. Similar trends seen in companies like Bloom Energy led to positive market responses.

How important is it?

The financial improvements are crucial indicators of Tecogen's operational health and future prospects, making it likely to influence TGEN's market valuation significantly.

Why Short Term?

The immediate impact is tied to quarterly reports, which often influence short-term trading. Historical data shows that stocks can experience quick reactions post earnings releases.

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BECLEAN
NORTH BILLERCA, MA / ACCESS Newswire / March 17, 2025 / Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $6.08 million and net loss of $1.19 million for the quarter ended December 31, 2024 compared to revenues of $5.90 million, and a net loss of $1.85 million in 2023. We generated $4.06 million in cash from operations and used $0.97 million in cash to acquire property plant and equipment, principally the improvements required at our North Billerica facility, during the year ended December 31, 2024.

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