Plug Power Announces 2016 Second Quarter Results
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Plug Power (PLUG): Improving Metrics As Customer Base Diversifies - FBR Capital
August 5, 2016 7:40 AM EDTFBR Capital analyst Carter Driscoll reiterated a Outperform rating and $3 price target on Plug Power (NASDAQ: PLUG) saying project financing obscures improving metrics.
Driscoll commented, "PLUG's 2Q16 results appear weak with $20.5 million in revenues, modestly positive gross margin, and GAAP EPS of ($0.07). However, PLUG is... More
Plug Power (PLUG) Misses Q2 EPS by 1c; Revs Light
August 4, 2016 7:27 AM EDTPlug Power (NASDAQ: PLUG) reported Q2 EPS of ($0.07), $0.01 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $20.5 million versus the consensus estimate of $25.32 million.
New customers represent more than 60% of bookings in the second quarter, driven by four... More
