SEVCON, INC. (NASDAQ:SEV) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On February 14, 2017 the Registrant issued a press release announcing financial results for the three months and first quarter of fiscal 2017 ended December 31, 2016. A copy of such press release is filed as Exhibit 99.1 hereto and is incorporated by reference herein in its entirety.
Item 9.01. Financial Statements and Exhibits.
99.1 Press Release issued by the Registrant on February 14, 2017 is furnished herewith.
About SEVCON, INC. (NASDAQ:SEV)
Sevcon, Inc. designs and sells motor controllers for zero emission electric and hybrid vehicles (EVs), under the Sevcon name. The Company operates through two segments: electronic controls and capacitors. The electronic controls segment produces microprocessor-based control systems for zero emission and hybrid electric vehicles. The capacitor segment produces metalized film capacitors for sale to electronic equipment manufacturers. Its controls are used to vary the speed and movement of vehicles. The Company’s customers are manufacturers of on and off-road vehicles, including cars, trucks, buses, motorcycles, fork lift trucks, aerial lifts, mining vehicles, airport tractors and other electrically powered vehicles. Its products and accessories for two wheel pure EVs, four wheel pure EVs, hybrid vehicles and industrial electric vehicles include alternating current (AC) controllers, direct current (DC) controllers, battery chargers, DC/DC converters, displays and power steering. SEVCON, INC. (NASDAQ:SEV) Recent Trading Information
SEVCON, INC. (NASDAQ:SEV) closed its last trading session down -0.72 at 14.18 with 15,393 shares trading hands.