CEOWORLD Magazine CFO Rising West Summit

Energy Conversion Devices (ENER) reported a wider Q4 loss


Energy Conversion Devices Inc (NASDAQ: ENER) through its subsidiaries, commercializes materials, products and production processes for the alternative energy generation (primarily solar energy), energy storage and information technology markets reported a wider Q4 loss.

Energy Conversion Devices Inc (NASDAQ: ENER) posted a quarterly net loss of $42. 1 million, or $0.84 per share, versus a loss of $20.9 million, or $0.49 per share, in the year-ago period. Its revenue dropped 15% to $73.1 million. Energy Conversion shares gained 1.52% to $0.670 in pre-market trading.

SPECIAL DISCOUNT on CEOWORLD Magazine Digital Subscriptions- SAVE UP TO 80% OFF. Reaching more than 1,85,000 Chief Executive Officers and  senior business executives who serve on the boards of leading companies. SUBSCRIBE NOW- CEOWORLD Magazine Digital for Top Business and Technology News, Reviews, Stock Market & Financial Advice!!!

Hendrik L Clarke


Hendrik L Clarke

Features Editor, a senior director of strategic planning for a major university, has experience at a long/short equity hedge fund and has been in the markets for just under a decade. He has degrees in Economics and Communications and focuses on macro themes in the markets. His background also extends to logistics, marketing, and e-commerce.

Up Next

Related Posts

Discussion about this post