Tag Archives: propulsion motors

UQM Technologies (UQM) Reported First Quarter Results, Surges

UQM Technologies (UQM) reported 1Q results last week and surged more than 10% on Friday right up to resistance of the 200 day moving average.  The company reported an EPS loss of .04/share as compared with a loss of .05/share in the year ago quarter on revenues that were up 23% over the year ago quarter.

Revenue growth was driven by double digit growth in both contract services and product sales.  Said Donald A. French, … Read the rest