Ballard Reports Second Quarter 2016 Results

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Ballard Power (BLDP) Reports In-Line Q2 EPS; Announces Strategic Collaboration and Equity Investment Deal With Broad-Ocean

July 27, 2016 6:51 AM EDT

Ballard Power (NASDAQ: BLDP) reported Q2 EPS of ($0.04), in-line with the analyst estimate of ($0.04). Revenue for the quarter came in at $17.6 million versus the consensus estimate of $18.32 million.

Strategic Collaboration and $28.3 Million Equity Investment in Ballard Zhongshan Broad-Ocean Motor Co., Ltd. ("Broad-Ocean") and Ballard have entered into a strategic collaboration which... More