Real Goods Solar, Inc. reported consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, net revenue was $22,966,000 against $10,333,000 a year ago. The increase in revenue was primarily due to organic growth and acquisitions. Income from operations was $258,000 against loss from operations of $481,000 a year ago. Income before income taxes was $259,000 against loss before income taxes of $363,000 a year ago. Net income attributable to the company was $158,000 or $0.01 per basic and diluted share against net loss attributable to the company of $226,000 or $0.01 per basic and diluted share a year ago. For the nine months, net revenue was $45,210,000 against $25,742,000 a year ago. Loss from operations was $2,933,000 against loss from operations of $1,102,000 a year ago. Loss before income taxes was $2,932,000 against loss before income taxes of $900,000 a year ago. Net loss attributable to the company was $1,794,000 or $0.10 per basic and diluted share against net loss attributable to the company of $559,000 or $0.04 per basic and diluted share a year ago.

Real Goods Solar, Inc., Q3 2009 Earnings Call, Nov-05 2009

On October 2, 2009, Real Goods Solar Inc. accepted D. Thompson McCalmont's resignation as a member of the company's Board of Directors. The Board believes that Mr. McCalmont's resignation as a Board member is in Real Good's best interests in light of the Board's previous request that Mr. McCalmont depart as an executive officer of Real Goods.