American DG Energy Inc. (ADGE) Reports Small Loss in Third Quarter
American DG Energy Inc. reported a net loss of $310,000, or $0.01 per share, in the third quarter of 2009. This was just slightly better than the $416,000 net loss reported in the same quarter of 2008. American DG Energy Inc. reported revenues of $2.0 million in the quarter, a sharp increase from the $1.4 million reported last year. The company ended the quarter with $5.4 million in cash and short-term investments. “We continued to execute our strategic plan and strengthen our leadership position as a leading On-Site Utility," said John N. Hatsopoulos, the CEO of American DG Energy Inc.…