Spire Corporation Reports Results for Fourth-Quarter and Year-End 2012

Spire Corporation ("Spire") (Nasdaq: SPIR), a global solar company providing capital equipment and turn-key manufacturing lines to produce photovoltaic ("PV") modules, engineering, procurement and construction (“EPC”) integration services for solar systems and biomedical processing services, announced today revenues from continuing operations for the year ended December 31, 2012 of $22.1 million, a 64% decrease from $58.7 million in 2011. Net loss for the year ended December 31, 2012 was $1.9 million, or $0.22 per diluted share, compared to a net loss of $1.5 million, or $0.18 per diluted share, for the same period of 2011.

Back to news