Ballard Power Systems posts slightly smaller loss

Newswire

(In U.S. dollars unless noted) VANCOUVER, British Columbia, July 28 (Reuters) - Fuel cell developer Ballard Power Systems Inc reported a slightly smaller loss for the second quarter on Thursday. Ballard had a net loss of $29.5 million, or 24 cents a share, in the quarter, compared with a loss of $30.6 million, or 26 cents a share, in the same quarter of 2004. A decline in depreciation and amortization, a gain from foreign exchange, and lower spending on research and development were ...

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