Skip to Content

financial-results


Altair Nanotechnologies lost more money than expected in FY07

Several factors hurt Altair Nanotechnologies' fiscal results in FY07: warranty replacement costs and higher research and development expenses have made the company report a wider loss despite higher revenues. $6.78m worth of warranty expenses and inventory impairment were related to the first-generation battery packs that were sold to Phoenix Motor Cars. As for R&D, costs rose to $15.4m compared to $10.1m in 2006. Altair has lost $31.5 million, which is more than the $17.2 million reported in 2006. On a per share basis, the loss was $0.45, ... Read more →

No Content Style Defined.

Featured Galleries

  • LA 2009: CMT-380
  • LA 2009: Mitsubishi i-MiEV
  • LA 2009: Faurecia Booth
  • LA 2009: Fisker Karma
  • Audi A3 TDI - 2010 Green Car of the Year
  • World's Most Expensive Tesla Roadster
  • LA 2009: Mitsubishi PX-MiEV
  • LA 2009: Mitsubishi i-MiEV for Geek Squad
  • Honda P-NUT
  • LA 2009: Honda P-NUT
  • Ford Focus Econetic
  • Capstone Turbine CMT-380

Categories

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum