Complete Solaria Inc (NAS:CSLR)
$ 1.46 0.05 (3.55%) Market Cap: 71.68 Mil Enterprise Value: 138.74 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 11/100

Q3 2023 Complete Solaria Inc Earnings Call Transcript

Nov 14, 2023 / 10:00PM GMT
Release Date Price: $1.08 (+9.09%)
T.J. Rodgers
Complete Solaria, Inc. - Executive Chairman of the Board

Good afternoon. My name is T.J. Rodgers, and we're here to present the Complete Solaria third-quarter report.

Starting at my left, I have Taner Ozcelik, who I'm going to introduce to you. He is going to take over as CEO of the company -- Brian Wuebbels who's our CFO. Will Anderson is the Founder and current CEO of the company. He will be remaining with the company. And me, I've been with the company since 2018, including the merger of the company I joined and Complete Solaria.

Okay. This is -- I have the front page of the report. I'm going to show you a couple things, then some graphs, relatively short report. Summary is our revenue this quarter as a systems company, which we are completely now, is $24.6 million. And that's flattish down 4% from the prior quarter.

We did have module sales on top of that. But given that we're getting out of that, that was reported as discontinued operations, not as revenue. Our gross margin was up nicely from 18% in the prior quarter to 25%, and we will have more progress to

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