Plug Power Announces 2016 Third Quarter Results
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Plug Power (PLUG) Misses Q3 EPS by 2c
November 7, 2016 7:02 AM ESTPlug Power (NASDAQ: PLUG) reported Q3 EPS of ($0.07), $0.02 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $17.6 million versus the consensus estimate of $34.84 million.
Third quarter 2016 operational activity included system deployments at three sites where the Company utilizes a PPA. For those sites, the value of the systems deployed was $17.3 million and the costs to deploy the systems was $11.5 million. In 2015, the Company financed PPA... More
