Longtime solar energy stalwart Spire, a great American success story and maker of turnkey solar power manufacturing equipment and related photovoltaic solar energy technology, has let the world in on something solar power industry insiders have been feeling for awhile; the news ain't all bad 'round here.
Despite analys projections of 0.12 per share profit for the quarter, SPIR followers were blown away by the reported 0.62, though at least a third of it is non-recurring.
At 4.71 the shares may seem less popular than others out there, but this is a tightly-held company and one also must appreciate the move into concentrated solar power.
Spire Corp Q4 and Year End 2008 numbers summary SPIR
Official Press Release Spire Corp SPIR Q4 and Year End 2008 Financials
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