Plug Power (PLUG): Improving Metrics As Customer Base Diversifies - FBR Capital

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Plug Power Announces 2016 Second Quarter Results

August 4, 2016 7:01 AM EDT

LATHAM, N.Y., Aug. 04, 2016 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leader in providing energy solutions that change the way the world moves, today announced its financial results for the second quarter of 2016.  Plug Power continues to show growth and improvements in all areas of the business during the second quarter, including:

Total GAAP revenues of $20.5 million; Total adjusted revenues of $37.9 million;99% growth in recurring revenue versus Q2 2015 (service and fuel delivery);Bookings of $63 million for the quarter and $135 million year to... More