Bolder Reports on Q2 1999 Results

August 08, 1999 by Jeff Shepard

Bolder Technologies Corp. (Golden, CO) reported a net loss for the second quarter ended June 30, 1999, of $4.1 million, or $0.43 per share, on revenues of $88,563, compared to a net loss of $2.4 million, or $0.29 per share, on revenues of $531,881, for the same period last year. For the six months ended June 30, 1999, Bolder reported a net loss of $7.4 millionAccording to Bolder, while product revenues increased to $53,562 in the second quarter from $17,120 in the first quarter and $4,241 in the same quarter a year ago, product revenues remain relatively small and are expected to remain so until Bolder's instant engine starting products are introduced to the market in the fourth quarter.