Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq:QTWW) reported its results for the first quarter of fiscal 2012. Revenues increased $3.2 million, or 90%, from $3.6 million in the first quarter of fiscal 2011 to $6.8 million in the first quarter of fiscal 2012. The increase in revenue is primarily due to increased product shipments to Fisker Automotive of components related to our Q-Drive™ hybrid drive systems.
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(QTWW, CPSS, NEPT, CLNO) Stocks Report by BestOtc.com
September 28th, 2011 at 09:16 am