Plug Power Announces 2014 Fourth Quarter and Year-End Results
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Cowen Remains Positive on Plug Power (PLUG), but Margins Need to Show Improvement
March 18, 2015 8:52 AM EDTCowen and Company lowers its price target on Plug Power (Nasdaq: PLUG) from $4 to $3.50 following Q4 results and outlook issued earlier in the week. The firm retains its Outperform rating.
Analyst Jeffrey Osborne offered the following commentary: During Q4, fundamentals were primarily hit by a one-time litigation-related expense,previously discussed, and more importantly lagging gross margin improvements in the service... More
Amid Plug Power's (PLUG) Achievements, More Gross Margin Improvement Needed; Roth Trims PT to $2.60
March 18, 2015 6:26 AM EDTRoth Capital trims its price target on Plug Power (Nasdaq: PLUG) from $4 down to $2.60 following Q4 results and outlook issued earlier this week.
Analyst Matt Koranda offered the following overall thoughts following PLUG's quarterly report: In our view, PLUG is making... More
Plug Power (PLUG) Reports In-Line Q4 Loss of 4c/Share
March 17, 2015 7:01 AM EDTPlug Power (NASDAQ: PLUG) reported Q4 EPS of ($0.04), in-line with the analyst estimate of ($0.04). Revenue for the quarter came in at $21.45 million versus the consensus estimate of $26.3 million.
Specifically in the fourth quarter, the Company achieved another record quarter for shipments, with a 243%... More
