UQM posts third-quarter loss
FREDERICK — UQM Technologies Inc. (AMEX: UQM) reported a decline in its fiscal third-quarter revenue, accompanied by an increased net loss.
The company saw $1.7 million in revenue during the quarter ended Dec. 31. It reported a $1.3 million loss compared to a loss of about $824,000 during the same quarter last year. For the first nine months of the fiscal year, the company has seen an increasing net loss of about $3.6 million- – up from $2.5 million last year.
UQM stock was trading down 4 cents to $2.44 in morning trading.
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FREDERICK — UQM Technologies Inc. (AMEX: UQM) reported a decline in its fiscal third-quarter revenue, accompanied by an increased net loss.
The company saw $1.7 million in revenue during the quarter ended Dec. 31. It reported a $1.3 million loss compared to a loss of about $824,000 during the same quarter last year. For the first nine months of the fiscal year, the company has seen an increasing net loss of about $3.6 million- – up from $2.5 million last year.
UQM stock was trading down 4 cents to $2.44 in morning trading.
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