Plug Power Missed Sales Estimates By a Mile. Wall Street Isn’t Worried.

Hydrogen fuel-cell technology company


Plug Power


reported third-quarter results that fell way short of Wall Street expectations, but analysts still believe the company’s future is very bright.

Tuesday evening, Plug (ticker: PLUG) reported a third-quarter per-share loss of 30 cents from $188.6 million in sales. Wall Street was looking for a loss of 21 cents from $238.1 million in sales.

Source: https://www.barrons.com/articles/plug-power-sales-earnings-stock-51667999425?siteid=yhoof2&yptr=yahoo