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UniPixel Q1 Loss Narrows

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5/11/2012 12:42 PM ET

UniPixel, Inc. (UNXL: Quote) posted a first-quarter net loss of $2.0 million or $0.29 per share, narrower than $3.1 million or $0.43 per share in the comparable quarter last year.

Revenue for the quarter plunged to $3.56 million from $51.59 million in the year-ago period.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Stocks moved mostly lower during trading on Wednesday, giving back some ground after trending higher over the past several sessions. Selling pressure was relatively subdued, however, limiting the downside for the markets. The major averages all closed in the red, although the tech-heavy Nasdaq underperformed its counterparts by a wide margin. Russian Foreign Minister Sergei Lavrov warned Wednesday that Moscow would retaliate strongly if its "interests" in Ukraine are attacked. He also criticized the Ukrainian administration for relaunching its so-called anti-terrorist operation in the east of the country a day earlier. Lavrov's remarks came in an interview with Russia Today, which published excerpts of the English-language interview to While selling pressure has remained relatively subdued, stocks continue to see modest weakness in mid-day trading on Wednesday. The losses on the day come on the heels of the upward trend seen over the past several sessions. The major averages have moved roughly sideways in recent trading, lingering in the red.
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