Valence Technology, Inc. (VLNC) Posts Q2 EPS Loss of $0.02, Offers Q2 Revenue Guidance

August 3, 2011 5:24 PM EDT
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Price: $0.65 --0%

Financial Fact:
Net loss: -2.66M

Today's EPS Names:
PLNH, SPRU, BBGI, More
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Valence Technology, Inc. (NASDAQ: VLNC) reported Q1 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $14.1 million versus the consensus estimate of $16.7 million.

Valence Technology, Inc. sees Q2 2012 revenue of $8.5-$10.5 million, which may not compare to the consensus of $19 million.


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Earnings, Guidance