Plug Power (PLUG) Misses Q1 EPS by 13c

Plug Power (NASDAQ: PLUG) reported Q1 EPS of ($0.46), $0.13 worse than the analyst estimate of ($0.33). Revenue for the quarter came in at $120.3 million versus the consensus estimate of $161.51 million.

Plug CEO Andy Marsh stated: “We continue to make steady progress by following our established goals and business priorities. As we enhance our financial performance in the upcoming quarters, Plug is set to retain its leadership role in advancing the hydrogen economy, which is anticipated to experience swift expansion and widespread adoption globally in the future decades.”

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

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