Plug Power (PLUG) Misses Q1 EPS by 6c, Sales Miss; Confirms Guidance
Plug Power (NASDAQ: PLUG) reported Q1 EPS of ($0.13), $0.06 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $15.2 million versus the consensus estimate of $24.9 million.
Confirmed full-year 2017 guidance, including GAAP revenue of $130.0 million, GAAP gross margins within the range of 8% - 12% and total cash used of $25 - $35 million
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