CBAK Energy Tech (NASDAQ:CBAT) reported quarterly losses of $(0.08) per share which missed the analyst consensus estimate of $(0.03) by 166.67 percent. This is a 60 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $58.803 million which missed the analyst consensus estimate of $64.572 million by 8.93 percent. This is a 131.77 percent increase over sales of $25.371 million the same period last year.