SatCon Technology Reports Second Quarter Operating Results; 52% Increase in Revenue and 90% Decrease in Operating Loss over the Same Period Last Year.

Business Wire (May 11, 2004)


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SatCon Technology Reports Second Quarter Operating Results; 52% Increase in Revenue and 90% Decrease in Operating Loss over the Same Period Last Year.

Business Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--May 11, 2004

SatCon Technology Corporation(C) (Nasdaq NM: SATC), a manufacturer of electronic power control systems, today reported financial results for its fiscal 2004 second quarter, which ended on March 27, 2004.

Revenue for the three months ended March 27, 2004 was $8.2 million as compared to $5.4 million for the same period last year. In addition, the operating los...



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