BUZZ-Ballard Power Systems Inc: Bigger Q4 loss, lower revenue

Thu Feb 26, 2015 8:15am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Fuel cell maker's shares down 8.8 pct at $2.50 premarket

** Reports bigger Q4 loss and lower revenue, hurt by lower-than-expected sales in its telecom backup power business and termination of licensing contracts in China

** Revenue from telecom backup power business, the second-biggest contributor to revenue in the year-earlier quarter, falls 47.5 pct to $3.1 mln

** Up to Wednesday's close, stock had fallen 18.2 pct in the past 12 months