SmarTire Reports Continued Losses
SmarTire Systems’ results for the quarter ended 30 April show a slight increase in losses. SmarTire recorded a quarterly net loss of $5.31 million compared to a net loss of $2.95 million for the same quarter last year. The net loss for the nine month period ended 30 April, was $11.79 million compared to a net loss of $8.12 million last year.