SatCon Tech 3Q Op Loss 24c/Shr
SatCon Technology Corp. - Cambridge, Mass.
3rd Quar June 30:
2001 2000
Revenue $10,640,000 $8,694,000
Inc bef adj (2,684,000) (2,297,000)
Acctg adj (1,941,000) ....
Net income (4,625,000) (2,697,000)
Avg shrs 14,492,000 13,642,000
Shr earns
Inc bef adj (.24) (.20)
Acctg adj (.08) ....
Net income (.32) (.20)
9 Months:
Revenue 31,670,000 20,795,000
Inc bef adj (13,067,000) (7,706,000)
Acctg adj (1,941,000) ....
Net income (15,008,000) a (10,812,000)
Avg shrs 14,063,000 12,278,000
Shr earns
Inc bef adj (.92) a (.88)
Acctg adj (.15) ....
Net income (1.07) a (.88)
Figures in parentheses are losses.
a. Includes a charge of $3.1 million for accretion of redeemable convertible preferred stock discount.
SatCon Technology Corp. (SATC) produces power management systems for distributed power generation. |
