Plug Power (PLUG) Misses Q4 EPS by 2c, Reaffirms Guidance

Plug Power (NASDAQ: PLUG) reported Q4 EPS of ($0.08), $0.02 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $32.6 million versus the consensus estimate of $34.43 million.

Plug Power Reiterates 2017 Full Year Guidance:

• $130 million in GAAP revenue
• 5,600 GenDrive shipments, including 1,800 under PPA
• 25 GenFuel sites, including 9 under PPA
• 8% to 12% of GAAP Gross Margin
• $325 million in bookings
• $25 to $35 million of net cash used in operating and investing activities

For earnings history and earnings-related data on Plug Power (PLUG) click here.

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