Hydrogenics Reports First Quarter 2018 Results

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Hydrogenics (HYGS) Misses Q1 EPS by 1c, Miss on Revenues

May 11, 2018 6:31 AM EDT

Hydrogenics (NASDAQ: HYGS) reported Q1 EPS of ($0.13), $0.01 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $8.1 million versus the consensus estimate of $10.85 million.

Our first quarter was particularly busy with major proposals and significant project development, said Daryl Wilson, President and Chief Executive Officer. Revenue was down slightly year-over-year, reflecting shipment timing, but our gross... More