UPDATE 1-Cost-cutting, higher sales trim Ballard loss

Newswire

(Adds details, comments from conference call. Previous TORONTO. In U.S. dollars unless noted) VANCOUVER, British Columbia, April 30 (Reuters) - Ballard Power Systems Inc. , posted a smaller first-quarter loss on Wednesday, on cost-cutting and higher sales of its fuel-cell units and engineering support services. The company said in a release it recorded a loss of $22.5 million, or 19 cents per share, in the quarter ended March 31. That compared to a net loss of $50.7 million, or 48 cents ...

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