MKTY - Mechanical Technology subsidiary EcoChain reports monthly site level financials for Q2

EcoChain, a wholly-owned subsidiary of Mechanical Technology (MKTY) reports revenue of $1.66M, up 66% Q/Q.Contribution margin of $0.74M. Michael Toporek, CEO of the Company, commented, “We continue to be pleased with our results, especially considering the current market conditions, clearly showcasing the strength of our business model. Our commitment to low cost, eco-friendly energy sourcing has been instrumental in maintaining our contribution margin.” Source: Press Release

For further details see:

Mechanical Technology subsidiary, EcoChain reports monthly site level financials for Q2