UQM reports USD4.6m net loss in Q3 FY2013

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Financial results

Announces retirement of Treasurer and CFO Donald A. French

UQM Technologies recorded net loss of USD4.6m in the third quarter (Q3) of the fiscal year ending 31 March 2013, compared with net loss of USD846,416 in the same period of the previous fiscal. The company recorded USD235,794 in contract revenues and USD1.69m in product sales, resulting in total revenues of USD1.9m, down 29% from USD2.7m in Q3 of FY2012.

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