UQM Technologies (UQM) Reports Q4 Loss of $0.01

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UQM Technologies Reports Fourth Quarter and Fiscal Year 2016 Operating Results

June 7, 2016 4:01 PM EDT

LONGMONT, Colo.--(BUSINESS WIRE)-- UQM Technologies, Inc. (NYSE MKT: UQM), a developer of alternative energy technologies, today announced operating results for the fourth quarter and fiscal year ended March 31, 2016. Total revenue for the quarter was $1.5 million compared to $1.0 million in the fourth quarter last year. Net loss for the fourth quarter was $931,000, or $0.01 per common share. This compares to a net loss of $1.3 million, or $0.04 per common share for the same period last year.

For the year ended March 31, 2016, total revenue grew 32% to $5.3 million compared to $4.0 million in the prior... More