Performance Technologies Inc. (PTIX) reported that its first-quarter net loss of $1.8 million or $0.16 per basic share, compared to a net loss of $1.4 million, or $0.13 per basic share in the first quarter 2009. Revenue in the first quarter 2010 amounted to $7.4 million, compared to $6.9 million in the first quarter 2009.
Cash and investments amounted to $29.3 million, or $2.64 per share, and the Company had no long-term debt at March 31, 2010. The Company had 11.1 million common shares outstanding at March 31, 2010.
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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.