Superconductor Technologies Inc. (SCON) reported that its first-quarter net loss narrowed to $2.4 million, or a loss of $0.58 per share, from $3.0 million, or a loss of $1.01 per share, in the first quarter of 2012.
Quarterly net revenues were $776,000, up from $399,000 in the first quarter of 2012.
"Looking ahead, our current orders and other commitments will consume all of the wire we can produce at least until the third quarter of 2013," the company said.
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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.