UQM Technologies (UQM) Reports Q4 Loss of $0.03
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Costs of product sales: 525.31K
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UQM Technologies (NYSE: UQM) reported Q4 EPS of ($0.03). Revenue for the quarter came in at $2.2 million.
Joe Mitchell, UQM Technologies’ President and Chief Executive Officer, said, “We are very pleased with the progress we made in 2017. We saw good revenue growth, we secured a strategic relationship with China National Heavy Truck Group Co., Ltd., we made excellent progress with the E-axle product in partnership with Meritor, and we secured a number of new customers from around the globe. We are seeing a lot of positive momentum in the marketplace as we enter 2018 and look forward to executing on the many opportunities that lie ahead of us.”
For earnings history and earnings-related data on UQM Technologies (UQM) click here.
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