Hydrogenics Q4 Loss Widens - Quick Facts

By RTT News,  March 08, 2013, 06:49:00 AM EDT


(RTTNews.com) - Hydrogenics Corp.(HYGS, HYG.TO) reported that its fourth-quarter net loss widened to $3.05 million or $0.42 per share, from $1.44 million or $0.18 per share in the same quarter last year.

Cost of sales rose to $8.62 million from $5.56 million in the prior year quarter.

Revenue for the fourth quarter increased 30% to $9.9 million, from $7.6 million in the year ago quarter, reflecting increased revenue in the Company's Power Systems business unit as a result of initial revenue on the contract for integrated power propulsion systems.

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This article appears in: News Headlines

Referenced Stocks: HYGS



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