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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