Plug Power Announces 2015 Second Quarter Results

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Robust Margins Propel Plug Power (PLUG) to Mixed Q2 Results; Roth Affirms at 'Neutral'

August 7, 2015 6:43 AM EDT

Roth Capital affirms Plug Power (Nasdaq: PLUG) with a Neutral rating and $2.60 price target following mixed Q2 results issued Thursday night.

Analyst Matt Koranda offered the following overall thoughts from the quarter: Despite disappointing revenues, we are seeing positive underlying... More

Plug Power (PLUG) Tops Q2 EPS by 1c

August 6, 2015 7:01 AM EDT

Plug Power (NASDAQ: PLUG) reported Q2 EPS of ($0.05), $0.01 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $24 million versus the consensus estimate of $25.9 million.

Net cash used in operating activities for the second quarter 2015 was $10.6 million which stems from... More