iSun Inc. Reports Significant Stock Purchases By Senior Management; Company Re-Affirms Full Year Revenue Guidance Of $95M-$100M; CEO And CFO Each Purchased 50,000 Shares Of Common Stock For a Total Price Of $52,808, Or $0.53/Share
Portfolio Pulse from Happy Mohamed
iSun Inc. CEO Jeffrey Peck and CFO John Sullivan each purchased 50,000 shares of iSun common stock at an average cost of $0.53 per share. The company reaffirmed its full-year revenue guidance of $95M-$100M and reported strong Q1 results, including a 15% revenue growth and a 30% reduction in operating expenses.
May 26, 2023 | 12:49 pm
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POSITIVE IMPACT
iSun CEO and CFO purchased 50,000 shares each, showing confidence in the company's progress. The company reaffirmed its full-year revenue guidance and reported strong Q1 results.
The significant stock purchases by iSun's CEO and CFO indicate their confidence in the company's progress and future opportunities. The reaffirmed full-year revenue guidance and strong Q1 results, including revenue growth and reduced operating expenses, suggest a positive short-term impact on iSun's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100