Active Power (ACPW) Appoints Director Jan Lindelow as Interim CEO, Affirms Outlook
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Price: $0.21 -22.22%
Financial Fact:
Other expense, net: 22K
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Other expense, net: 22K
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Active Power, Inc. (Nasdaq: ACPW), has appointed company director Jan Lindelow as interim president and CEO effective immediately. Lindelow succeeds Jim Clishem who has resigned as president and CEO and as a member of the company’s board of directors to pursue other interests.
As previously announced, Active Power expects third quarter 2011 guidance to be between $18 million and $21 million in revenues with earnings per share between $(0.02) and $0.02. Any changes in cash and investments are expected to be due to changes in working capital requirements.
As previously announced, Active Power expects third quarter 2011 guidance to be between $18 million and $21 million in revenues with earnings per share between $(0.02) and $0.02. Any changes in cash and investments are expected to be due to changes in working capital requirements.
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