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Plug Power Undertakes Cost Measures: Can It Overcome Rising Losses?
Plug PowerPlug Power(US:PLUG) ZACKSยท2025-11-19 16:46

Key Takeaways Plug Power's margins deteriorated further in Q3 2025 with a wider gross loss.High equipment and fuel delivery costs continued to pressure PLUG's quarterly results.Plug Power logged over $97M in impairments tied to assets and project execution issues.Plug Power Inc. (PLUG) is focusing on expense reduction and operational efficiency to ease the ongoing financial pressures. The company is working on improving its supply chain, workforce optimization and realignment of its manufacturing and real e ...