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UQM Technologies Reports First-quarter Financial Results.

Frederick, CO-based alternative energy technology developer UQM Technologies, Inc. recently announced its financial results for the first quarter ended June 30, 2005, reporting a quarterly net loss of $730,805, or three cents per share, compared to a net loss of $714,903, or four cents per share, for the same period last year.

UQM reported total first-quarter revenue of $1.2 million, up from total revenue of $683,996 for the first quarter of 2004.

Separately, the company announced it has received an order for 29 DC to DC converters from Eaton Corporation's Truck Components business unit for use in hybrid electric vehicles.

Contact: UQM, website

(EIN STAFF: 8/3)
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Publication:Electric and Hybrid Vehicles Today
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 8, 2005
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