Ecotality Comes Up Short

Lee, Michael
November 2008
Red Herring;11/19/2008, p1
Trade Publication
The article reports on the financial performance of electric car battery manufacturer Ecotality. A net loss of $1.56 million, or $0.01 per share, on revenue of $2.9 million was posted by the company for the third quarter of 2008, compared with a net loss of $0.91 million, or $0.01 per share, on revenue of $0.24 million in the same period in 2007. According to Ecotality chief executive officer (CEO) Jonathan Read, Ecotality has a stable revenue base derived from a well diversified product and service portfolio.


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