Active Power (ACPW) Misses Q3 EPS by 6c
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Active Power Reports Third Quarter 2015 Results
October 27, 2015 7:30 AM EDTAUSTIN, TX -- (Marketwired) -- 10/27/15 -- Active Power, Inc. (NASDAQ: ACPW), a manufacturer of flywheel technology solutions for mission critical and renewable applications worldwide, reported results for the third quarter and nine months ended Sept. 30, 2015.
Highlights
Total revenue increased 17% to $14.9 million in the third quarter of 2015 from $12.7 million in the third quarter of 2014, and grew 33% to $44.9 million for the first nine months ended Sept. 30, 2015, compared to $33.8 million in the first nine months of 2014 Bookings increased 25% to $17.0 million in the third quarter of 2015 from $13.6 million in... More