DALLAS, July 5, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Quantum Fuel Systems Technologies Inc. (Nasdaq:QTWW). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/QTWW
Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) is a fully integrated alternative energy company engaged in the development and production of advanced propulsion systems, energy storage technologies and alternative fuel vehicles. The Company's Schneider Power Inc. subsidiary and Asola Advanced and Automotive Solar Systems GmbH affiliate complement its emerging renewable energy presence through the development and ownership of wind and solar farms, and manufacture of high efficiency solar modules. QTWW's portfolio of technologies includes electronic controls, hybrid electric drive systems, natural gas and hydrogen storage and metering systems and alternative fuel technologies that enable fuel efficient, low emission hybrid, plug-in hybrid electric, fuel cell, and natural gas vehicles. Its powertrain engineering, system integration, vehicle manufacturing and assembly capabilities provide fast-to-market solutions to support the production of hybrid and plug-in hybrid, hydrogen-powered hybrid, fuel cell, natural gas fuel, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. QTWW's customer base includes automotive OEMs, dealer networks, fleets, aerospace industry, military and other government entities, and other strategic alliance partners.
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In the report, the analyst notes:
"QTWW shares soared past 40% gains in Friday's trading, a day after the California-based alternative fuel technology company published its fourth-quarter financials, posting a 242% year-over-year jump in revenue and a lower quarterly loss."
"QTWW lowered its net loss to $0.2 million from $5.5 million a year earlier. The Company attributed this improvement to lower operating loss and a $5.0 million non-cash unrealized gain attributable to the change in the value of its derivative liabilities that was recognized in the fourth quarter of fiscal 2011, partially offset by a loss in its renewable energy segment."
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