Business
SinglePoint Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross Margins, Up Significantly From Q2 2020
SinglePoint Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross Margins, Up Significantly From Q2 2020.
About this update from Singlepoint, Inc.
[{"type":"text","content":"\n\n\n\nSinglePoint Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross Margins, Up Significantly From Q2 2020\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSinglePoint Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross Margins, Up Significantly From Q2 2020\nPR Newswire\nPHOENIX, Sept. 28, 2020\n\n\n\nPHOENIX, Sept. 28, 2020 /PRNewswire/ -- SinglePoint Inc. (OTC:SING) is pleased to announce Direct Solar America estimates revenue numbers increasing nearly 20% prior to the end of Q3 and achieving nearly 60% gross margins throughout the quarter, a phenomenal feat in the current business climate. \n\n \n \n \n \n \n \n\n \n\"Direct Solar America did a great job meeting the demands placed on business during this ongoing pandemic. The team has made the necessary adjustments and kept the business growing to new highs. While some projects have been delayed many are coming back online such as the previously announced commercial projects. We expect the remaining documentation to complete the process very soon. As an additional benefit any business or nonprofit that decides to move forward with a PPA and put solar on their building will have no solar payment for 1 year,\" states Wil Ralston, President, SinglePoint.\nSee the latest video interview here - https://youtu.be/Wbr2P7Q4Dk0\nAbout SinglePoint Inc.SinglePoint Inc. (OTC: SING) is a fully reporting company with core holdings in Solar Energy Services and Industrial Hemp based Consumer Products. Learn more at www.singlepoint.com\nConnect on social media at: https://twitter.com/_SinglePointhttps://www.linkedin.com/company/singlepointhttps://www.youtube.com/user/SinglePointMobileFor more information visit: www.SinglePoint.com \nForward-Looking StatementsCertain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, ...