Earnings News

Tenth Power Technologies Q1 Loss Narrows

Tenth Power Technologies Corp. (TPI.V) 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.

by RTTNews Staff Writer

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