American Electric Technologies (AETI) Misses Q4 EPS by 20c
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AETI Announces Q4 2014 Results
March 20, 2015 7:00 AM EDTHOUSTON, March 20, 2015 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. (Nasdaq: AETI), a leading supplier of power delivery solutions for the global energy industry, today announced its fourth quarter and fiscal year 2014 financial results.
The Company reported a $2.1 million net loss attributable to common shareholders in the fourth quarter of 2014 on consolidated revenue of $13.7 million, down from a net profit of $0.6 million in the fourth quarter of 2013 on revenue of $16.5 million.
The Company previously announced it had experienced project delays and manufacturing cost overruns in the third quarter due to new product... More
AETI Announces Q4 2014 Results
March 20, 2015 7:00 AM EDTHOUSTON, March 20, 2015 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. (Nasdaq: AETI), a leading supplier of power delivery solutions for the global energy industry, today announced its fourth quarter and fiscal year 2014 financial results.
The Company reported a $2.1 million net loss attributable to common shareholders in the fourth quarter of 2014 on consolidated revenue of $13.7 million, down from a net profit of $0.6 million in the fourth quarter of 2013 on revenue of $16.5 million.
The Company previously announced it had experienced project delays and manufacturing cost overruns in the third quarter due to new product... More
