Etrion Corporation announced audited consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company announced revenue of $4,048,000 compared to $2,603,000 for the same period a year ago. Net loss was $2,566,000 compared to $4,225,000 for the same period a year ago. Basic and diluted loss per share attributable to owners of the company was $0.01 compared to $0.01 a year ago.

For the full year, the company announced revenue of $19,500,000 compared to $21,848,000 for the same period a year ago. Net loss was $8,618,000 compared to net income of $16,507,000 for the same period a year ago. Basic and diluted loss per share attributable to owners of the company was $0.03 compared to earnings per share of $0.06 a year ago. Operating loss was $359,000 compared to $6,656,000 a year ago.

The company provided operating and earnings guidance for the full year of fiscal 2019. For the full year, the company expects energy generation of 46.8 GWh compared to 51.8 GWh for the same period a year ago. The company expects revenue to be in the range of $15.9 million to $17.6 million.