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A123 Systems 3Q Loss Widens As Expenses Nearly Double
Nov. 09, 2010 05:14PM PST
Battery Metals InvestingThe Wall Street Journal reports that A123 Systems Inc.’s (NASDAQ:AONE) third-quarter loss widened more than expected as higher costs offset improved revenue.
The Wall Street Journal reports that A123 Systems Inc.’s (NASDAQ:AONE) third-quarter loss widened more than expected as higher costs offset improved revenue.
The market news is quoted as saying:
While the company participates in a segment of the auto industry that is new and growing, it is unclear how much of that market A123′s technology will capture as it battles large rivals with years of experience in making batteries.
