UQM Technologies (UQM) Reports Q3 Loss of $0.01

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UQM Technologies Reports Strong Third Quarter Operating Results

November 2, 2017 4:02 PM EDT

Revenue of $2.8 million grew 169% compared to same quarter last year. Gross margins increased to 47% vs 24% last year. The company generated positive cash flow from operations and sale of land during the quarter.

LONGMONT, Colo.--(BUSINESS WIRE)-- UQM Technologies, Inc. (NYSE American: UQM), a developer of alternative energy technologies, today announced operating results for the third quarter ended September 30, 2017. Total revenue for the quarter was $2.8 million compared to $1.0 million in the third quarter... More