Are the company's problems fixable?The problems that have plagued Plug Power (PLUG -1.01%) persisted in its second quarter as the company once again posted poor results. The stock has lost about 80% of its value in the past year.Let's take a closer look at the issues the company is facing and whether it has an opportunity to stage a turnaround.Plug Power's problemsThe biggest issues facing Plug Power are negative gross margins and cash outflows. The company found a niche selling fuel cells used in forklifts ...

[Table_Title] 研究报告 Research Report 8 Aug 2024 普拉格能源 (PLUG US) 收入低于预期导致亏损；资金"进展顺利" Scott Darling Axel Leven scott.darling@htisec.com axel.leven@htisec.com [Table_yemei1] 热点速评 Flash Analysis [Table_summary] （本报告为 2024 年 8 月 8 日发布的英文报告的翻译版。） 事件 我们预计，Plug Power 2024 年第二季度的业绩将受到市场的负面评价，该公司报告的净亏损为 2.623 亿美元，远低于 市场普遍预期，原因是"市场动态"导致收入持续走低以及"8600 万美元的非现金费用"。 点评 收入未达预期，但成本管理有所改善：Plug Power 报告的 GAAP 净亏损为 2.623 亿美元，而市场普遍预期亏损为 2.112 亿美元，收入为 1.433 亿美元（市场普遍预期为 1.86 亿美元），EBITDA 亏损为 2.22 亿美元，而市场普遍预期亏损为 1.84 亿美元，原因是"市场动态"导致收入 ...

Table of Contents Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, par value $.01 per share PLUG The NASDAQ Capital Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PER ...

Plug Power Inc. (NASDAQ:PLUG) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Meryl Fritz - Manager, Marketing and Communications Andrew Marsh - President and Chief Executive Officer Paul Middleton - Chief Financial Officer Sanjay Shrestha - General Manager, Energy Solutions and Chief Strategy Officer Dean Fullerton - Chief Operating Officer Conference Call Participants James West - Evercore ISI Colin Rusch - Oppenheimer Craig Irwin - Roth Capital Partners Manav Gupta - UBS B ...

Plug Power (PLUG) reported $143.35 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 44.9%. EPS of -$0.36 for the same period compares to -$0.35 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $180.23 million, representing a surprise of -20.46%. The company delivered an EPS surprise of -20.00%, with the consensus EPS estimate being -$0.30.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...

Plug Power (PLUG) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to loss of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this alternative energy company would post a loss of $0.32 per share when it actually produced a loss of $0.43, delivering a surprise of -34.38%.Over the last four quarters, the company ...

Exhibit 99.1 Plug Power Announces Key Developments and Strategic Milestones in Second Quarter 2024 SLINGERLANDS, N.Y., August 8, 2024 — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced significant progress and strategic initiatives in the second quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and solidifying its leadership position in the industry. Financial Highlights ...

Plug Power Inc. (PLUG) is scheduled to release second-quarter 2024 results on Aug 8, before market open.The company has a bleak earnings surprise history, having missed the Zacks Consensus Estimate in each of the preceding four quarters. The negative earnings surprise was 49.3%, on average.Let’s see how things have shaped up for Plug Power this earnings season.Factors to NoteWeak demand for the company’s GenDrive units, GenSure stationary backup power units and cryogenic stationery is expected to have hurt ...

Vancouver, British Columbia--(Newsfile Corp. - August 2, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), an energy technology company dedicated to innovation and sustainability, is pleased to announce several key additions to our advisory board. These strategic appointments will significantly enhance our capabilities and support our ambitious growth plans in Canada, the US, and internationally. New AdvisorsJack Lee, Advisor - Certifications and ...

Plug Power (NASDAQ:PLUG) stock has been on a negative trajectory, with the company’s share price losing nearly half of its value since the start of the year. That said, a positive 5% move higher in PLUG stock at the time of this writing has some investors perking up, with a key catalyst on the horizon.Plug Power is set to report its second-quarter earnings results on Aug. 8, before the market open. This release will be accompanied by an earnings call at 8:30 a.m. Eastern, which can be accessed via the compa ...