| Plug Power reports 3Q loss | |
| | |
|
LATHAM, N.Y. (AP) _ Plug Power Inc. (PLUG) on Monday reported a loss of $10.2 million in its third quarter.
On a per-share basis, the Latham, New York-based company said it had a loss of 6 cents.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The alternative energy company posted revenue of $31.4 million in the period.
The company's shares closed at $2.76. A year ago, they were trading at $5.30.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLUG at http://www.zacks.com/ap/PLUG
_____
Keywords: Plug Power, Earnings Report
|
|