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Tecogen Announces Fourth Quarter and Year-End 2024 Results

1. TGEN reported increased revenues of $6.08 million for Q4 2024. 2. The company reduced its net loss significantly compared to Q4 2023.

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FAQ

Why Bullish?

TGEN's revenue growth despite a net loss signals improving business health. Historically, revenue increases can lead to positive investor sentiment and potential stock price gains, particularly in the clean energy sector.

How important is it?

These earnings results demonstrate a positive trend, which is likely to attract investor interest in TGEN, influencing its stock price.

Why Short Term?

The current financial performance may influence investor decisions and the stock price in the immediate future, especially as quarterly results are often closely watched.

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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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