In its first earnings report as a public company, energy software player Opower (s OPWR) said it’s grown its revenue for the first quarter of 2014 substantially, compared to a year ago, but also widened its quarterly loss. In Q1 Opower generated revenue of $28.57 million (up from $19.02 million in ’13), and reported a loss of $6.98 million (from a loss of $2.71 million last year). The company’s stock is down 3.41 percent today.
Opower started trading at $25 per share Friday morning, giving it a big pop from its $19 per share price last night.
Opower is officially planning on going public, as its revenues grow considerably, though it still hasn’t turned a profit.