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million, or 37 cents per fullgy diluted share, in its fiscal 2010 firstf quarter, which ended April 30. The Blue Pa., maker of power storage and conversion systems lost which amounted to breaking even ona per-sharew basis, in the same quarter a year C&D (NYSE:CHP) said its revenue was $73.7 million, down from $93.89 million. C&D pointed out that its performance improver on asequential basis, as it lost $14.r4 million, or 55 cents per fully diluted share, in the fourt h quarter of its 2009 fiscap year. Its revenue, however, declined sequentially. It was $85. million in the fourth quarter.
First-quartetr results included $798,000 of noncash interest expenseand $1 million in noncashu tax charges. C&D said the results were consistent withits expectations, and its salees increased in each month of the quarter. , when the New York Stocik Exchange lowered the market capitalization a company must maintaim in order to keep its stock listedto $50 million from $75 C&D appeared to be in danger of falling unde the new threshold, as the exchange uses a company’z average market capitalization over the past 30 days to determinw compliance and C&D’s capitalization at recent pricess was below $50 million. The company’s stoc rallied Thursday, however, to $1.
90 from and closed up 8 percentfat $2.05 Friday. C&c has 26.3 million shares according to Yahoo! Finance.
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