New York, NY -- (ReleaseWire) -- 03/11/2013 --Titan Energy Worldwide, Inc. (OTC:TEWI) announced earlier this month that it has released preliminary financial information for the year 2012.
The Company reports that total revenues grew 36% in 2012 to more than $19 million compared to $14 million in 2011. Equipment sales grew 28% and service sales grew 51%. Total operating expenses decreased by 11% in 2012 as compared to 2011, while corporate expenses were reduced by 60% and general and administrative expenses were decreased by 12%. Overall, the company posted a positive adjusted EBITDA for 2012 of approximately $350,000 compared to a negative EBITDA of approximately $1.5 million for 2011.
Titan Energy Worldwide, Inc. engages in the management and sale of power generation equipment and energy management solutions to industrial, commercial, and institutional customers worldwide.
Find out more on TEWI here:
Medical Marijuana, Inc. (Pink:MJNA) informed shareholders and the general public that the firm has received favorable press in two well-known Boston-area newspapers as the State of Massachusetts nears the opening of its medical marijuana businesses. Last November voters in the State legalized marijuana for medical purposes and listed several qualifying conditions. As the State makes its way toward the implementation of voter's wishes, Medical Marijuana Inc. stepped up its presents there.
Medical Marijuana Inc. operates in the medical marijuana and industrial hemp markets. Its products range from patented and proprietary based cannabinoid products, to whole plant or isolated high value extracts specifically manufactured and formulated for the pharmaceutical, nutraceutical, and cosmeceutical industries.
Find out if this is the moment investors been waiting for before trading MJNA here: http://www.wallstreetscoop.net/market-scan/?symbol=MJNA
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.
WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetScoop.net
WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
For full disclaimer visit: http://www.wallstreetscoop.net/disclaimer/
Wall Street Scoop