UPDATE: Thermal Energy International Reports Q2 Results; Stock Falls 10%

By Midnight Trader,  January 30, 2013, 09:57:33 AM EDT

Thermal Energy International Inc. (TMG.V) said net loss was $0.8 million for the three-month period ended November 30, 2012, compared to net income of $0.5 million for the corresponding period in 2011. Operating cash flow defined as net income (loss), plus items not involving cash, plus lease payments received for the quarter ended November 30, 2012 was ($0.5) million as compared to $0.6 million for the August 31, 2012 quarter.

TMG has fallen to $0.045 by 10%, trading near the lower end of 52-week range $0.03 - $0.085.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

Man, Not Economy, in Crisis, Says Pope
Man, Not Economy, in Crisis, Says P...
Chileans March For Marijuana Legalisation
Chileans March For Marijuana Legali...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.43 0.07  0.52%
CSCO $ 24.24 0.35  1.48%
MSFT $ 34.87 0.79  2.32%
F $ 15.08 0.44  3.01%
ARUN $ 13.10 4.51  25.61%
SIRI $ 3.50 0.05  1.45%
GE $ 23.46 0.19  0.82%
S $ 7.32 0.04  0.55%