Digital Power Corp Reports 2nd Quarter Results for 2017 and Restructuring Progress

Company Positions Business Units for Growth
FREMONT, Calif., Aug. 22, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE AMERICAN:DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, filed on Monday, August 21, 2017, after the close of market, its Form 10-Q report with the Securities and Exchange Commission (“SEC”). The Company is pleased to announce several highlights for the period ended June 30, 2017 from this report including the raising of $2.7M in new financing activities including $1M from its largest shareholder, enabling the Company to comply with its continuing listing standard as prescribed by the national securities exchange, NYSE American rules; the investment of $2.13M in its subsidiaries and business units to support their streamlining, growth and other operational efforts while the Company overall posted a small increase in gross revenue from the prior first quarter of 2017. The Company reported a ..