GAAP diluted earnings per share were -$0.01 in the third quarter of 2007, compared to -$0.04 in the same period of 2006. GAAP operating income for third quarter of 2007 was a loss of $0.14 million compared to a loss of $0.94 million in the same period of 2006.
John Hatsopoulos, CEO of American DG Energy, said: We are excited to report a great third quarter with our efforts to grow revenue and improve our margins. Our adjusted operating income for the third quarter of 2007 was a gain of $16,760, after excluding depreciation expense of $88,311.
