US: Azure Dynamics sees weak Q1; expects recovery

Azure Dynamics has reported revenue of CA$1.422m (US$1.46m) in the first three months of 2011, a decline of just over 50% from the CA$2.847m reported in the opening quarter of 2010. However, despite this sharp fall, which partly reflected a normal Q1 weakness, a positive gross profit of CA$0.157m was Subscribe to Automotive World to … Continued

• By Webmaster
• June 15, 2011