Evergreen Solar net loss narrows to $3.9 million for April; cash lower

By Jim Witters

Wilmington, Del., May 22 - Evergreen Solar, Inc. reported a net loss of $3.9 million on zero revenue in April, according to the company's monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

Those figures compare to a $4.86 million net loss in March, also on zero revenue.

The company reported cash and cash equivalents of $5.4 million as of April 28, down from $5.73 million at the end of March.

Evergreen Solar is a Marlboro, Mass.-based producer of solar power. The company filed for bankruptcy on Aug. 15, 2011 under Chapter 11 case number 11-12590.

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