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BRIEF-Ballard Power Systems Posts Quarterly Net Loss From Continuing Operations $0.05 Per Share

Published 2021-03-10, 08:04 p/m
© Reuters.

March 10 (Reuters) - Ballard Power Systems Inc BLDP.TO :

* BALLARD REPORTS Q4 AND FULL YEAR 2020 RESULTS

* Q4 REVENUE OF $28.6 MILLION, FULL YEAR REVENUE OF $103.9 MILLION

* ORDER BACKLOG AT END-2020 WAS $117.8 MILLION, DOWN FROM $128.1 MILLION AT END-Q3

* QTRLY NET LOSS FROM CONTINUING OPERATIONS WAS $0.05 PER SHARE

* BALLARD- DURING 2021 CO HAS COMMITMENT TO MAKE CONTRIBUTIONS TOTALING $11.4 MILLION TOWARDS PRO RATA OWNERSHIP SHARE OF WEICHAI-BALLARD JV IN CHINA

* BALLARD- SHIPMENT OF BACKUP POWER SYSTEMS EXPECTED TO BE FLAT IN 2021 VERSUS 2020; CO PLANS TO CONTINUE EXECUTION OF AUTOMOTIVE PROGRAM WITH AUDI

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