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Nexxus Lighting logs lower 1Q net loss

Nexxus Lighting said it had a lower net loss in the first quarter than the same quarter last year.

The Charlotte-based company said it had a $1.33 million net loss, or 8 cents a share, down from a net loss of $2.5 million, or 15 cents a share, in the first quarter of 2010.

Revenue was $1.6 million for the quarter, up from $1.4 million in the year-ago quarter.

In March, the company¬†began offering its Array lamps through Lowes.com. Starting in June, the lamps will be offered in roughly 1,100 Lowe’s stores across the U.S.

Lowe’s is based in Mooresville.

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