Plug Power: Poor Results But Upgrading On Margin Progress - Hold
Plug Power(PLUG) Seeking Alpha·2024-08-26 13:08
Scharfsinn86 Note: I have covered Plug Power Inc. or "Plug Power" (PLUG) previously, so investors should view this as an update to my earlier articles on the company. Two weeks ago, Plug Power reported another set of disappointing quarterly results, with revenues missing consensus expectations by a mile again. Regulatory Filings Sales were down by 45% on a year-over-year basis, with the company's core fuel cell systems and hydrogen infrastructure business taking a particularly large hit after Plug Power rai ...