WASHINGTON (dpa-AFX) - Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) reported that its second-quarter net loss widened to $8.4 million or $0.53 per share, from $1.5 million or $0.15 per share in the second quarter of fiscal 2011. The wider in net loss was primarily due to an increase in our operating loss of $3.9 million, inclusive of the $7.5 million impairment charge, and the $2.6 million loss on modification of debt recorded in the second quarter of fiscal 2012.
Revenues reached $13.0 million and increased $9.1 million or 233%, from $3.9 million in the second quarter of fiscal 2011.
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