Commodore Applied Technologies Reports Fourth Quarter, Year End Results
NEW YORK, April 15 /PRNewswire/ -- Commodore Applied Technologies, Inc.
(Amex: CXI, CXIW), today announced audited financial results for the fiscal
year ended December 31, 1998. (See Table)
Condensed Statement of Operations (Audited)
Fiscal Year Ended December 31,
1998 1997
Revenues $17,470,000 $19,493,000
Net Loss (5,535,000) (15,694,000)
Net Loss Per Share --
Basic and Diluted (.24) (.73)
Weighted Average Number
of Shares Outstanding 23,194,000 21,844,000
The mission of Commodore Applied Technologies, Inc., is to develop
projects and commercialize services in the nuclear and radioactive mixed
waste, Department of Energy (DOE) markets where technology and engineering
support are a prerequisite. Commodore Applied Technologies, Inc. is 35% owned
by Commodore Environmental Services, Inc. (OTC Bulletin Board: COES).
SOURCE Commodore Applied Technologies, Inc.
CO: Commodore Applied Technologies, Inc.; Commodore Environmental Services,
Inc.
ST: New York
IN: ENV
SU: ERN
04/15/99 16:07 EDT prnewswire.com
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