Ballard Power (BLDP) Misses Q1 EPS by 2c
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April 30, 2015 12:37 PM EDT
Roth Capital lifts its price target on Buy-rated Ballard Power (Nasdaq: BLDP) from $2.50 to $2.55 following Q1 results and outlook.
Analyst Matt Koranda offered the following thoughts on BLDP: While we believe some near-term downside estimate revisions could create short term weakness... More
April 29, 2015 11:15 AM EDT
Ballard Power (Nasdaq: BLDP) announced that it has received a purchase order from Reliance Jio Infocomm Limited (RJIL) for 100 ElectraGen-ME fuel cell backup power systems to be deployed in its wireless telecom network in India. Shipment of these initial 100 systems is expected to be completed in 2015.
The purchase order follows successful completion of an extensive 12-month trial by RJIL of fuel cell systems from various vendors, with Ballard's ElectraGen-ME methanol-fueled system ultimately having been selected for use in backup power applications. This purchase order is the first of a series of planned... More
