March 29, 2011 / 11:26 AM / 7 years ago

UPDATE 1-Hydrogenics reports Q4 loss

* Q4 loss/shr $0.34 vs EPS $1.64 last year

* Q4 revenue rises 38 pct to $5.8 mln (Follows alerts)

March 29 (Reuters) - Canadian fuel-cell maker Hydrogenics Corp posted a fourth-quarter loss.

The company, which develops hydrogen generation products for industrial and commercial markets, had posted a profit last year on a gain of $10.4 million related to its transaction with Algonquin Power Income Fund.

This year, net loss was $1.9 million, or 34 cents a share, compared with a profit of of $6.1 million, or $1.64 per share, a year ago.

Revenue rose 38 percent to $5.8 million.

Shares of the Mississauga, Ontario-based company closed at C$4.50 on Monday on the Toronto Stock exchange. (Reporting by Amruta Sabnis in Bangalore)

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