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USA: Ecotality turns $1.2M profit

Ecotality Inc. turned a $1.2 million profit on record revenue in the first quarter, reaping the rewards of the growing rollout of electric vehicles and its charging system.
San Francisco-based Ecotality (Nasdaq: ECTY), which has its major operations in Phoenix, reported the profit of about 4 cents per share on revenue of $13.7 million in the first quarter that ended March 31.
That compared with a loss of $6.8 million on revenue of $4.3 million for the same quarter last year.


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