November 14, 2016 / 1:52 PM / a year ago

BRIEF-Solar Alliance reports Q3 sales & financial results

Nov 14 (Reuters) - Solar Alliance Energy Inc :

* Forecasting successively greater margins through close of 2016, and profitability moving into 2017.

* Solar Alliance Energy Inc- qtrly sales revenue for three months ended Aeptember 30, 2016 increased to $1.78 million compared to $1.57 million in Q2 2016

* Solar Alliance Energy Inc- reduced its net loss by 61 pct to $852,462 during Q3 2016 compared to a net loss of $1.38 million in Q3 2015

* Solar Alliance Energy Inc- qtrly order backlog is approximately $2.9 million

* Solar Alliance reports stronger third quarter sales & financial results Source text for Eikon: Further company coverage:

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