Plug Power is again raising money, this time to repay debt. The company also appears to be putting plans to expand green hydrogen production on hold. During its third-quarter earnings release on Nov.
Plug Power is a leader in the hydrogen fuel cell market. While revenue has grown substantially, the company has incurred massive operational losses. Plug is building an end-to-end green hydrogen ...
What To Know: Earlier this week, the hydrogen fuel cell developer reported a quarterly loss of 12 cents per share, slightly beating analyst estimates of 13 cents. However, revenue came in at $177.05 ...
Adjusted for substantial impairment charges, Plug Power Inc.'s third quarter results came in largely in line with expectations. While the company improved (adjusted) gross margins and further reduced ...
Nov 10 (Reuters) - Plug Power (PLUG.O), opens new tab expects to generate more than $275 million by monetizing assets, releasing restricted cash and lowering maintenance expenses, it said on Monday, ...
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