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Valence Technology Reports Fiscal 2009 First Quarter Financial Results (Business Wire)
                   
yahoo.com
Aug 7, 2008 4 related
        

Thursday August 7, 12:30 pm ET AUSTIN, Texas--(BUSINESS WIRE)--Valence Technology, Inc. (NASDAQ:VLNC - News ), an international developer of safe lithium phosphate energy storage solutions, today reported financial results for its fiscal 2009 first quarter ended June 30, 2008. Summary of results for fiscal 2009 first quarter compared to fiscal 2008 first quarter: FINANCIAL RESULTS For the first quarter of fiscal 2009, the Company reported total revenue of $11.0 million compared to $4.1 million for the same period last year. The increased revenue was mainly due to increased volumes of Segway product sales as well as new shipments of large-format energy storage solutions to The Tanfield Group PLC’s Smith Electric Vehicle division. “I am very pleased that during the first quarter we produced and shipped more energy storage packs... [read full story]                    

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misterarticle.com
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bmighty.com
7 mins ago 1 related
        

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bigblog.com
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