Plug Power
stock fell on Friday after the fuel-cell company said its annual revenue would be lower than expected because of supply-chain problems.
Revenue for 2022 will be 5% to 10% lower than the $900 million to $925 million management predicted on Aug. 10 during a call with investors to discuss
Plug Power
second-quarter earnings. The shortfall is due to “some larger projects potentially being completed in 2023 instead of 2022 due to timing and broader supply chain issues,” the company said.
Source: https://www.barrons.com/articles/plug-power-stock-revenue-warning-51665760256?siteid=yhoof2&yptr=yahoo