Analyze the sentiment of this statement extracted from a financial news article. Provide your answer as either negative, positive, or neutral.
Text: 23 April 2010 - Finnish construction and engineering company Outotec Oyj HEL : OTE1V said today it slipped to a net loss of EUR7 .3 m in the first quarter of 2010 from a net profit of EUR12 .5 m in the corresponding period last year .
Answer:
negative