The Traderszone Network

Published in TZ Latest News 12 November, 2017 by The TZ Newswire Staff

5 Takeaways From Plug Power’s Disappointing Q3 Earnings

Reporting a $0.04 loss per share adjusted for non-recurring costs, Plug Power (NASDAQ: PLUG) met analysts’ estimates for the third quarter. The company, an industry leader in fuel-cell solutions, celebrated several achievements; however, investors weren’t convinced that the quarter was a success. Shares sank 14% the day when the company reported. What electrified management’s optimism and investors’ chagrin? Let’s dive in to the earnings report to gain a better understanding of the company’s quarterly performance.

read more