UQM Technologies (UQM) Reports Q3 Loss of $0.06/Share
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UQM Technologies Reports Second Quarter Fiscal Year 2016 Revenues Up 55% Over Last Year
November 10, 2015 4:01 PM ESTLONGMONT, Colo.--(BUSINESS WIRE)-- UQM TECHNOLOGIES, INC. (NYSE MKT: UQM), a developer of alternative energy technologies, today announced financial and operating results for the second quarter ended September 30, 2015.
Total revenue for the quarter was $1.7 million, a 55% increase compared with $1.1 million in the same quarter last year. Net loss for the second quarter was $2.4 million, or $0.06 per common share. This compares to a net loss of $2.0 million, or $0.05 per common share for the same period last year. Last year the company received cost reimbursements under a grant from the Department of Energy of $539,000.... More
