(ADPnews) - Nov 5, 2010 - Texas-based low-cost solar systems manufacturer Entech Solar (OTC:ENSL) said today its net loss for the third quarter of 2010 narrowed to USD 3.3 million (EUR 2.3m) from USD 4.7 million a year earlier.
Loss per share shrank to USD 0.01 in the period from USD 0.02 in the comparable stretch of 2009.
Operating loss contracted to USD 3.33 million from USD 4.9 million.
Third-quarter revenue nearly doubled to USD 128,000 from USD 75,000.
For the nine months through September, Entech Solar's net loss improved to USD 14.3 million from USD 25 million. Revenues amounted to USD 173,000, down from USD 2.2 million a year back.