Plug Power: Q3 Earnings Snapshot
By AP News
Published - Nov 12, 2024, 07:07 AM ET
Last Updated - Dec 16, 2024, 05:30 PM EST
SLINGERLANDS, N.Y. (AP) — SLINGERLANDS, N.Y. (AP) — Plug Power Inc. (PLUG) on Tuesday reported a loss of $211.2 million in its third quarter.
The Slingerlands, New York-based company said it had a loss of 25 cents per share.
The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share.
The alternative energy company posted revenue of $173.7 million in the period, which also missed Street forecasts. Ten analysts surveyed by Zacks expected $207.8 million.
