Valence Technology Inc. (VLNC) reported that its third-quarter net loss available to common stockholders were $5.63 million or $0.04 per share, compared to a net loss $5.20 million or $0.04 per share in the same quarter last year. Total revenues for the quarter were $4.11 million, compared to $4.68 million in the prior year quarter.
For the nine-month period, the company said its net loss available to common stockholders were $18.06 million or $0.14 per share, compared to a loss of $16.99 million or $0.14 per share in the comparable period of last year. Total revenues for the period declined to $12.18 million from $21.49 million in the corresponding period of the prior year.
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