VALENCE TECHNOLOGY (VLNC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : VALENCE TECHNOLOGY (VLNC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mooter775 who wrote (2103)	2/11/1998 9:13:00 AM
From: John Curtis	Read Replies (2) of 27311

Valence reports third quarter 1998 results: VLNC, a research and development company in advanced, rechargeable, lithium polymer battery technology, today reported operating results for the 3rd qrtr of fiscal 1998, endd December 28, 1997. VLNC reported a net loss of $5.0 million or 21 cents a share for the third quarter of fiscal 1998. This compares with a net loss of $4.8 million or 22 cents per share for the third quarter of fiscal 1997, ended Dec. 29, 1996.. Revenues for the third qrtrs of fiscal 1998 and 1997 were nil. Research and development expenses were $3.3 million in the third qrtr of fiscal 1998, compared with $3.6 million for the similar period in fiscal 1997. Marketing, general and admin. expenses were $1.6 million for the 3rd qrtr of fiscal 1998, compared with $1.7 million for the second quarter of fiscal 1998. John~

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next