On Tuesday, Plug Power Inc. reported disappointing Q3 2024 results with revenues missing analyst expectations by a mile. With overall backlog at multi-year lows, management lowered full-year expectations substantially and provided initial 2025 guidance well below consensus expectations. Persistent cash usage remains a cause for concern. While Tuesday's convertible debt deal should carry the com...
Plug Power Inc. (NASDAQ:PLUG ) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Meryl Fritz - Marketing and Communications Manager Andy Marsh - CEO Paul Middleton - CFO Sanjay Shrestha - GM, Energy Solutions & CSO Conference Call Participants Colin Rusch - Oppenheimer Saumya Jain - UBS George Gianarikas - Canaccord Genuity Eric Stine - Craig-Hallum Bill Peterso...
Plug Power Inc. (NASDAQ: PLUG) is trading lower on Tuesday following the release of its third-quarter financial results, which missed Wall Street's expectations. The hydrogen fuel cell systems maker reported a loss of 25 cents per share on $173.7 million in revenue.
Hydrogen-technology company Plug Power turned in a wider-than-expected third-quarter loss, and a new administration may mean a less-green energy environment.
SLINGERLANDS, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced further progress on its strategic and operational initiatives and path to profitability in the third quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and ...
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