"While our revenue was negatively affected this period due to some shipments being pushed out into the third quarter, we once again posted improved margins and ended the quarter with a solid backlog," said Daryl Wilson, President and Chief Executive Officer. "In addition, we successfully reduced our cash operating costs by nearly 70% – resulting in an operating loss of $1.4 million as compared with $5.7 million last year. We continue to see a rebound in our end markets and view the second half of 2010 as being an improvement, setting the stage for further growth in 2011."Results for the Second Quarter of 2010 Compared to the Second Quarter of 2009
Hydrogenics Reports Second Quarter 2010 Results
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