Polaris Renewable Energy (TSX:PIF) reported quarterly losses of $(0.03) per share which missed the analyst consensus estimate of $0.01 by 400 percent. This is a 93.62 percent increase over losses of $(0.47) per share from the same period last year. The company reported quarterly sales of $19.768 million which missed the analyst consensus estimate of $20.100 million by 1.65 percent. This is a 2.56 percent decrease over sales of $20.287 million the same period last year.