Plug Power (PLUG) Misses Q4 EPS by 2c, Reaffirms Guidance
Plug Power (NASDAQ: PLUG) reported Q4 EPS of ($0.08), $0.02 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $32.6 million versus the consensus estimate of $34.43 million.
Plug Power Reiterates 2017 Full Year Guidance:
- $130 million in GAAP revenue
- 5,600 GenDrive shipments, including 1,800 under PPA
- 25 GenFuel sites, including 9 under PPA
- 8% to 12% of GAAP Gross Margin
- $325 million in bookings
- $25 to $35 million of net cash used in operating and investing activities
For earnings history and earnings-related data on Plug Power (PLUG) click here.
