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Electrovaya reports Q1 2017 revenue of $1.1m

Electrovaya reports Q1 2017 revenue of $1.1m

WARSAW: Electrovaya reports financial results for Q1 2017. Electrovaya Inc – Inventory is $17.9 million as at December 31, 2016 as compared to $9.8 million for December 31, 2015.

Q1 2017 revenue is $1.1 million for quarter ended December 31, 2016, compared to Q1 2016 revenue of $8.2 million. Electrovaya Inc – Net loss for Q1 2017 is $2.4 million compared to net profit for Q1 2016 of $3.3 million Source text for Eikon: Further company coverage.