Banking & Finance  August 2, 2018

UQM Technologies reports increase in revenue; loss widens

LONGMONT — UQM Technologies Inc., a maker of components for the electric-motor industry, on Wednesday reported an increase in revenue and an increased loss of income for its second quarter that ended June 30, compared with the same period a year ago.

UQM Technologies (NYSE: UQM) had revenue of $2.7 million compared with $1.8 million in the second quarter last year, an increase of 51 percent.

Its net loss for the second quarter was $2.5 million, or 5 cents per common share, compared with a net loss of $1.3 million, or 3 cents per common…

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