Active Power, Inc. (ACPW) Misses Q2 EPS by 5c

Active Power, Inc. (NASDAQ: ACPW) reported Q2 EPS of ($0.19), $0.05 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $10.2 million versus the consensus estimate of $13.4 million.

Adjusted EBITDA in the second quarter of 2014 was a negative $3.8 million compared to a positive $1.1 million in the year-ago period and a negative $3.1 million in the previous quarter. The adjusted EBITDA decrease is primarily due to higher net losses in the second quarter of 2014. For the six months ended June 30, 2014, adjusted EBITDA was a negative $6.9 million compared to a positive $0.1 million in the first six months of 2013.

For earnings history and earnings-related data on Active Power, Inc. (ACPW) click here.

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