Cowen Remains Positive on Plug Power (PLUG), but Margins Need to Show Improvement
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Plug Power Announces 2014 Fourth Quarter and Year-End Results
March 17, 2015 7:00 AM EDTLATHAM, N.Y., March 17, 2015 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq: PLUG), a leader in providing clean, reliable energy solutions, today reports its 2014 fourth quarter and year-end financial results. For the full year of 2014, the Company realized bookings in excess of $150 million, an increase of over $100 million compared to 2013, and shipped 2,644 GenDrive units to material handling customers in North America, of which 2,406 were recognized as revenue. Plug Power achieved $21.5 million total revenue for the fourth quarter of 2014 and $64.2 million for the full year.
Specifically in the fourth quarter, the Company achieved another record... More
Plug Power Announces 2014 Fourth Quarter and Year-End Results
March 17, 2015 7:00 AM EDTLATHAM, N.Y., March 17, 2015 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq: PLUG), a leader in providing clean, reliable energy solutions, today reports its 2014 fourth quarter and year-end financial results. For the full year of 2014, the Company realized bookings in excess of $150 million, an increase of over $100 million compared to 2013, and shipped 2,644 GenDrive units to material handling customers in North America, of which 2,406 were recognized as revenue. Plug Power achieved $21.5 million total revenue for the fourth quarter of 2014 and $64.2 million for the full year.
Specifically in the fourth quarter, the Company achieved another record... More
