SOURCE: Solar Thin Films, Inc.

November 22, 2010 09:00 ET

Solar Thin Films, Inc. Reports Profit of $618,291 for the Third Quarter 2010

NEW YORK, NY--(Marketwire - November 22, 2010) - Solar Thin Films, Inc. (OTCBB: SLTZ) today reported earnings of $618,291 ($.03 per share) on revenues of $1,048,232 for the quarter ending September 30, 2010. This compares to a loss of $833,956 ($.05 per share) on revenues of $2,181,056 for the quarter ending September 30, 2009. For the nine months ending September 30, 2010 the company lost $324,294 ($.02 per share) on revenues of $2,232,747 as compared to the nine months ending September 30, 2009 when the company showed a loss of $2,329,807 ($.18 per share) on revenues of $8,402,980.