Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

Mass. Movers

World Energy slips for a fourth day

World Energy runs energy auctions and sells energy efficiency services.

Toby Talbot/Associated Press

World Energy runs energy auctions and sells energy efficiency services.

Continue reading below

World Energy Solutions Inc. closed lower for a fourth consecutive trading day. The Worcester company last week posted a quarterly loss of $1.7 million, or 14 cents per share, greater than its loss in the same quarter last year of $917,000, or 8 cents per share. Revenue, though, rose 10 percent from the year-earlier period to $7.9 million. The company recently changed its revenue-recognition policy, which defers revenue from certain deals. “This is clearly a transitional quarter for us,” CEO Philip V. Adams said.

Loading comments...

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week