Digital Power (DPW) Posts Narrower Q4 Loss

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Digital Power Corporation Reports Financial Results for the Fourth Quarter and the Year Ended December 31, 2015

March 30, 2016 4:30 PM EDT

FREMONT, Calif., March 30, 2016 (GLOBE NEWSWIRE) -- Digital Power Corporation (NYSE: DPW) (hereinafter: "Digital Power" or the "Company") today announced its financial results for the fourth quarter and the year ended December 31, 2015.

Digital Power reported revenues of $2,304,000 for the fourth quarter ended December 31, 2015, an increase of 9% from revenues of $2,112,000 in the comparable quarter in 2014. The Company recorded an operating loss of $220,000 for the fourth quarter of 2015 compared to an operating loss of $360,000 for the fourth quarter of 2014. Non - GAAP operating losses were $176,000 and $237,000 for the fourth quarter of 2015 and fourth... More