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Tecogen reports Q4 loss but sees stock rise on partnership highlights and solid cash reserves.
Tecogen, an ultra-clean cogeneration products company, reported Q4 2024 earnings with a negative EPS of $0.05, a net loss of $1.19 million, and a market cap of $64.12 million.
Despite the loss, Tecogen's stock increased by $0.42 to $2.57 on the earnings announcement.
The company highlighted a partnership with Vertiv and an InVerde project, with a strong backlog and $5.41 million in cash by year-end.
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Tecogen reporta pérdida Q4, pero ve un aumento de acciones en los puntos más destacados de la asociación y reservas de efectivo sólidas.