Clean Diesel Technologies (CDTI) Misses Q1 EPS by 5c
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CDTi Announces First Quarter Fiscal Year 2016 Financial Results
May 13, 2016 8:00 AM EDTOXNARD, Calif., May 13, 2016 (GLOBE NEWSWIRE) -- Clean Diesel Technologies, Inc. (Nasdaq: CDTI) (CDTi or the Company), a leader in advanced emission control technology, reported its financial results for the first quarter ended March 31, 2016.
In the first quarter, we took steps to accelerate the execution of our advanced materials and high-value catalyst business strategy, while also strengthening our capital structure to support our growth, stated Matthew Beale, CDTis CEO. Our agreement with Panasonic exemplifies our strategy to cost effectively deliver our technology through high-volume coaters through our powder-to-coat capability. In addition, this relationship provides important... More
