Pictures of cars » News » Ballard Power Systems (TSX: BLD) has reduced its first-quarter loss

Ballard Power Systems (TSX: BLD) has reduced its first-quarter loss

Ballard has posted a loss of U.S. $ 7.9 million, or 9 cents per share, compared to a loss of U.S. $ 8.7 million or 10 cents per share last year.

Passes its revenues are U.S. $ 10.1 million U.S. $ 12.3 million.

Ballard has repeated its revenues should improve by 30 percent this year, while EBITDA advance over 50 percent.

Ballard Power Systems manufactures a fuel cell.

Ballard Power Systems (TSX: BLD) has reduced its first-quarter loss picture #1