Spire Corp. (SPIR) reported that its second-quarter net loss was $1.8 million, or $0.21 per share, compared to a net income of $0.7 million, or $0.08 per share in the prior year quarter.
Revenues for the quarter were $6.6 million, down 52% from $13.9 million in the comparable quarter last year. This decline is primarily due to a decrease of $7.3 million in individual module equipment units delivered during the second-quarter of fiscal year 2012 as overcapacity in the global market continues to adversely affect the entire PV industry.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.