Highpower International (HPJ) Reports In-Line Q3 EPS

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Highpower International Reports Financial Results For the Third Quarter and Nine Months Ended September 30, 2015

November 12, 2015 8:03 AM EST

SAN FRANCISCO, USA and SHENZHEN, China, Nov. 12, 2015 /PRNewswire/ -- Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, today announced its financial results for the third quarter and nine months ended September 30, 2015.

2015 Third Quarter Operating and Financial Highlights (all results are compared to prior year period)

Net sales were $37.6 million compared to $44.5 million. Lithium battery net sales were $17.0 million compared to $21.1 million.... More