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 ...
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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 ...