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Active Power cuts Q4 losses

2015-02-24 22:06:15| Electronics - Topix.net

Shares of Active Power Inc. surged more than 10 percent Tuesday morning as the Austin company posted lower losses for the fourth quarter. Active Power reported a quarterly net loss of $2 million, or 9 cents per share, on revenue of $15.3 million compared with a loss of $4.1 million, or 21 cents per share, on revenue of $13.9 million during the same period last year.

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