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Spire Reports Results for First Quarter 1999

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BEDFORD, Mass., May 18 -- Spire Corporation reported revenues of $3,818,000 for the first quarter of 1999, compared with $4,443,000 for the first quarter of the prior fiscal year. Net loss for the quarter was $149,000, or five cents per share, as compared to net income of $17,000, or one cent per share for the same quarter of 1998. Roger G. Little, Spire's chairman and president, noted that the firm's photovoltaic equipment sales continued to be slow during the first quarter. He reported that Spire's customers have seen a recovery in the demand for their modules, which the company believes...Read full article

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    Published: May 1999
    News & Features

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