Flexible Electronics News

Ascent Solar Reports 1Q 2013 Results

Compnay reports expansion of product mix

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ascent Solar Technologies, Inc. reported results for the first quarter ended March 31, 2013. Product revenue in the first quarter of 2013 was $176,000 compared to $32,000 in the previous quarter and $10,000 in the first quarter of 2012. The sequential and year over year increases were due to the company’s improving product acceptance across a range of markets. Net loss for the first quarter was $6.4 million or $(0.13) per share compared to a loss of $11.0 million or $(0.21) per share...

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