Valence Technology, Inc. (VLNC) Tops Q4 EPS by 1c, Posts Poor Q1 Guidance

May 25, 2011 4:04 PM EDT
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Price: $0.65 --0%

Financial Fact:
Net loss: -2.66M

Today's EPS Names:
HOVR, VFS, PGR, More
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Valence Technology, Inc. (NASDAQ: VLNC) reported Q4 EPS of ($0.01), $0.01 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $13.9 million versus the consensus estimate of $15.04 million.

Valence Technology, Inc. sees Q1 2011 sales of $8.5-$10.5 million, versus the consensus of $16.7 million.


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