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Beacon Power Corporation
Beacon Power Announces Third Quarter 2008 Results
November 29th, 2008
Beacon Power Corporation (NASDAQ: BCON), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced its financial results for the third quarter ended September 30, 2008. For the third quarter of 2008, Beacon Power reported revenue of $4,000 and a net loss of $5,621,000, or ($0.06) per share, compared to revenue of $373,000 and a net loss of $2,814,000, or ($0.04) per share, in the third quarter of 2007. For the nine months ended September 30, 2008, the Company reported revenue of $53,000 and a net loss of $16,340,000, or ($0.18) per share, compared to revenue of $1,215,000 and a...
Source: Law & Health Weekly (2008-11-29)
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