QUANTUM REPORTS THIRD QUARTER FISCAL YEAR 2003 RESULTS.

Advanced Materials & Composites News,  April, 2003  

Tags: hydrogen, Quantum Corp., revenue

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March 17, 2003 - Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW), reported results for its fiscal 2003 third quarter ended January 31, 2003. For the third quarter of fiscal year 2003, Quantum reported a net loss of $4.0 million or $0.22 cents per share on revenues of $6.0 million.

This compared to a net loss of $10.2 million or $0.72 cents per share for the third quarter of fiscal year 2002 on revenues of $3.5 million. Quantum reported revenues within its Fuel Cell & Hydrogen Systems division of $2.9 million during the quarter, representing a 149.3% increase ...

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