Quantum Fuel Systems (QTWW) Misses On Earnings

Posted by Tate Dwinnell | # |
07:55:45 am on September 10, 2008

Quantum Fuel Systems (QTWW), a leader in the development and production of advanced propulsions systems, energy storage technologies and alternative fuel vehicles reported earnings this morning much lower than what analysts had been expecting.

According to StreetInsider.com, the company reported a loss of .08/share from continuing operations, vs the analyst estimate of a .05/share loss while revenues came in at about half of the expectations at 3.7 million (est. of 7.5 million) vs the 3.5 million it did in the year ago quarter.

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