Spire Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company net sales and revenues of $3,845,000 against $3,574,000 a year ago. Loss from operations was $1,003,000 against $1,768,000 a year ago. Loss from operations before income tax provision was $1,075,000 against $1,782,000 a year ago. Net loss attributable to common stockholders was $1,437,000 or $0.16 per basic and diluted share against $1,782,000 or $0.19 per basic and diluted share a year ago.

For the six months, the company net sales and revenues of $7,931,000 against $6,812,000 a year ago. Loss from operations was $3,632,000 against $4,370,000 a year ago. Loss from operations before income tax provision was $3,779,000 against $4,408,000 a year ago. Net loss attributable to common stockholders was $4,559,000 or $0.50 per basic and diluted share against $4,410,000 or $0.48 per basic and diluted share a year ago. Net cash used in operating activities was $1.9 million for the six months ended June 30, 2014, compared to net cash used in operating activities of $1.9 million for the six months ended June 30, 2013 which includes $0.2 million of cash used in operating activities of discontinued operations.