17.03.2015 13:31:24

Clean Diesel Technologies Q4 Loss Widens - Quick Facts

(RTTNews) - Clean Diesel Technologies, Inc. (CDTI) Tuesday reported fourth-quarter net loss of $2.7 million, wider than $2.5 million in the prior year period. Loss per share for the latest fourth quarter narrowed to $0.20 from $0.27 per share last year.

Revenues for the quarter dropped to $8.7 million from $14.4 million in the comparable quarter last year.

On average, two analysts polled by Thomson Reuters expected the company to report a loss of $0.14 per share on revenue of $9.35 million. Analysts' estimates typically exclude special items.

In 2015, we expect revenue of between $40 million and $45 million depending on the timing of the ramp up of DuraFit. Analysts currently expect 2015 revenue of $44.15 million.

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