Last $1.06 USD
Change Today +0.03 / 2.91%
Volume 87.0K
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As of 4:15 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

uqm technologies inc (UQM) Snapshot

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03/11/14 - $3.45
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01/8/15 - $0.71
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uqm technologies inc (UQM) Details

UQM Technologies, Inc. develops, manufactures, and sells electric motors, generators, and power electronic controllers in the United States and internationally. The company provides propulsion motors and generators, auxiliary motors, and electronic controls for electric, hybrid electric, plug-in hybrid electric, and fuel cell electric vehicles. It also offers research, development, and application engineering contract services for strategic partners, customers, and the U.S. government. The company sells its products to original equipment manufacturers (OEMs) and vehicle integrators, as well as tier 1 suppliers of OEMs in various markets, including commercial trucks, vans, and shuttles; passenger buses; automobiles, marine, and military; and bus, medium and heavy-duty hybrid trucks, and aircraft markets. UQM Technologies, Inc. was founded in 1967 and is headquartered in Longmont, Colorado.

59 Employees
Last Reported Date: 05/30/14
Founded in 1967

uqm technologies inc (UQM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $663.6K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $215.4K
Vice President of Operations
Total Annual Compensation: $239.4K
Vice President of Sales & Business Developmen...
Total Annual Compensation: $242.8K
Vice President of Engineering
Total Annual Compensation: $243.9K
Compensation as of Fiscal Year 2014.

uqm technologies inc (UQM) Key Developments

UQM Technologies Inc. Announces Unaudited Consolidated Earnings Results for Third Quarter and Nine Months Ended December 31, 2014

UQM Technologies Inc. announced unaudited consolidated earnings results for third quarter and nine months ended December 31, 2014. For the quarter, total revenue was $836,000 compared to $2.0 million for the same quarter last year. Revenue continued to be impacted by the timing of customer orders and the general slowness in the domestic markets target. Net loss was $1.4 million, or $0.03 per common share. This compares to a net loss of $66,000, or $0.00 per common share for the same period last year. This difference was driven substantially by the decline in revenue and a one-time benefit last year of $727,000, reflecting a positive ruling from the Department of Commerce regarding import duties that allowed to reduce an expense accrual on books. Loss before other income was $1,376,717 against $72,399 a year ago. For the nine months period, the company reported revenue of $2,971,962, loss before other income of $4,684,907, net loss of $4,672,216 or $0.12 per basic and diluted share compared to the revenue of $6,030,718, loss before other income of $1,402,880, net loss of $1,394,536 or $0.04 per basic and diluted share for the same period a year ago.

UQM Technologies Inc. Enters Cooperative Production, Supply Agreement with KESHI GROUP in Changzhou, China for Explosion Proof Systems

UQM Technologies Inc. announced that it has entered into a ten-year cooperative production and supply agreement with the KESHI GROUP in Changzhou, China. Under the supply agreement, UQM will supply the core component parts and KESHI will source the unique explosion proof components and perform final assembly and test in Changzhou under a license agreement with UQM. The relationship between the two companies is exclusive for explosion proof systems in China. Production is expected to begin in 2015 and will ramp over the next few years. This represents a first phase of cooperation between the companies and both companies have identified additional areas of interest and growth, and will continue discussions on additional opportunities to expand their commercial relationship.

UQM Technologies Inc., Q3 2015 Earnings Call, Feb 05, 2015

UQM Technologies Inc., Q3 2015 Earnings Call, Feb 05, 2015


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