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Tenth Power Technologies Q1 Loss Narrows

6/29/2012 1:05 PM ET

Tenth Power Technologies Corp. (TPI.V: Quote) Friday reported a narrower first-quarter loss of C$87 thousand, compared to loss of C$208 thousand in the prior-year quarter. On a per-share basis, earnings were breakeven, compared to C$0.01 last year.

Revenues for the quarter increased 83 percent from last year, while gross margins decreased to 30 percent from 33 percent.

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by RTT Staff Writer

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