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.

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Hendrik L Clarke

Features Editor at CEOWORLD Magazine
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.
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About the Author

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.

Email: hlclarke@ceoworld.biz