Plug Power (PLUG) Tops Q2 EPS by 1c

Plug Power (NASDAQ: PLUG) reported Q2 EPS of ($0.07), $0.01 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $178.3 million versus the consensus estimate of $168.76 million.

Outlook

For the balance of 2026, Plug remains focused on:

Growing and converting its sales pipeline to achieve an updated full-year 2026 revenue growth target of 15% to 16% and position 2027 for continued growth.
Improving margins and maintaining cost discipline to achieve positive EBITDAS target in Q4 2026.
Strengthening liquidity through additional non-dilutive financing initiatives, including unlocking the incremental proceeds for the $275 million total target through our data center asset monetization initiatives.

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

You May Also Be Interested In

• S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
• Arcosa stockholders approve $150-per-share cash buyout by CRH
• Dell Technologies (DELL) added to S&P 100 index