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Article: Azure Dynamics Announces Second Quarter 2008 Results.(Financial report)

Article from:
PR Newswire Europe
Article date:
August 12, 2008
Copyright

OAK PARK, Michigan, August 12 /PRNewswire/ -- Azure Dynamics Corporation (TSX: AZD, LSE: ADC & OTCQX: AZDDF) - ("Azure" or the "Company"), a leading developer of hybrid electric and electric powertrains for commercial vehicles, today reported its second quarter financial results for the period ending June 30, 2008. The Company also provided an update on product development activities.

- Revenue for the second quarter totaled US$3.4M representing an increase of 470% compared to the same quarter last year

- The Company shipped a record number of units during the second quarter: 35 Balance(TM) Hybrid Electric, 14 CitiBus(TM) Series Hybrid Electric shuttle ...

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