$ASTI For the nine months ended September 30, 201

$ASTI For the nine months ended September 30, 2016, total revenue was $1.42M, compared to $4.14M reported for the same period last year, a decrease of $2.73M. This was mainly due to a disappointing second quarter as a result of a negative impact from customer related purchase orders and headwinds in the consumer retail industry. Correspondingly, total operating costs and expenses for the nine months ended September 30, 2016, also decreased by $3.43M as compared to the nine months ended September 30, 2015. As a result, net operating loss for the nine months of 2016 improved marginally to $20.18M, as compared to $20.88M for the same period of 2015 as the Company continues to streamline its operations and implement active cost-cutting measures.

https://finance.yahoo.com/news/ascent-solar-a...00349.html

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