Raser Technologies Is Steadily Improving

March 22, 2010 by Seeking Alpha  
Filed under Investment Ideas

Original Article from Seeking Alpha Long Investment

Zacks.com submits:

Raser Technologies Inc. (RZ) reported a quarterly loss per share of 7 cents, less than the Zacks Consensus loss per share of 11 cents and 39 cents in the fourth quarter of fiscal 2008. The improvement in earnings came despite shares outstanding increasing to 70.9 million in the reported quarter from 57.7 million in the year-ago quarter.

The trend was reflected in fiscal 2009 results also where loss per share

of 28 cents was less than the loss of 79 cents in fiscal 2008.

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