Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), is pleased to announce that it has retained Aktiencheck.de AG and its principal, Stefan Lindam, both arm's length parties to the Company, to assist with an initial European marketing awareness program (the "Program"). The engagement includes up to 20 editorial write-ups, standalone email marketing campaign distribution of the editorial writ ...

This hydrogen stock still remains below its IPO price 25 years after its public debut.Plug Power (PLUG 4.25%) was considered a promising play on the nascent hydrogen fuel cell market when it went public in 1999. But today, it trades nearly 99% below its initial public offering (IPO) price. Many of its investors retreated after the dot-com bubble burst in 2000; its growth cooled off; and it struggled with accounting issues from 2018 to 2020.That was a devastating drawdown for Plug's long-term investors, but ...

Vancouver, British Columbia--(Newsfile Corp. - August 14, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), is pleased to announce that, further to its press releases dated July 31, 2024, the Company has closed the first tranche of its non-brokered private placement (the "Private Placement"), issuing 5,320,000 common shares (the "Shares") at a price of $0.05 per Share for aggregate gross proceeds of $266,000.The gross proceeds raised from the sal ...

Plug Power continues to lose money, and that's become a bigger problem as the stock falls.Plug Power (PLUG -1.47%) has long been a high-potential company, but it hasn't translated that potential into profits for investors. In this video, Travis Hoium shows why the company's options are running out as the stock drops.*Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...

Are the company's problems fixable?The problems that have plagued Plug Power (PLUG -1.01%) persisted in its second quarter as the company once again posted poor results. The stock has lost about 80% of its value in the past year.Let's take a closer look at the issues the company is facing and whether it has an opportunity to stage a turnaround.Plug Power's problemsThe biggest issues facing Plug Power are negative gross margins and cash outflows. The company found a niche selling fuel cells used in forklifts ...

[Table_Title] 研究报告 Research Report 8 Aug 2024 普拉格能源 (PLUG US) 收入低于预期导致亏损；资金"进展顺利" Scott Darling Axel Leven scott.darling@htisec.com axel.leven@htisec.com [Table_yemei1] 热点速评 Flash Analysis [Table_summary] （本报告为 2024 年 8 月 8 日发布的英文报告的翻译版。） 事件 我们预计，Plug Power 2024 年第二季度的业绩将受到市场的负面评价，该公司报告的净亏损为 2.623 亿美元，远低于 市场普遍预期，原因是"市场动态"导致收入持续走低以及"8600 万美元的非现金费用"。 点评 收入未达预期，但成本管理有所改善：Plug Power 报告的 GAAP 净亏损为 2.623 亿美元，而市场普遍预期亏损为 2.112 亿美元，收入为 1.433 亿美元（市场普遍预期为 1.86 亿美元），EBITDA 亏损为 2.22 亿美元，而市场普遍预期亏损为 1.84 亿美元，原因是"市场动态"导致收入 ...

Table of Contents Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, par value $.01 per share PLUG The NASDAQ Capital Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PER ...

Plug Power Inc. (NASDAQ:PLUG) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Meryl Fritz - Manager, Marketing and Communications Andrew Marsh - President and Chief Executive Officer Paul Middleton - Chief Financial Officer Sanjay Shrestha - General Manager, Energy Solutions and Chief Strategy Officer Dean Fullerton - Chief Operating Officer Conference Call Participants James West - Evercore ISI Colin Rusch - Oppenheimer Craig Irwin - Roth Capital Partners Manav Gupta - UBS B ...

Plug Power (PLUG) reported $143.35 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 44.9%. EPS of -$0.36 for the same period compares to -$0.35 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $180.23 million, representing a surprise of -20.46%. The company delivered an EPS surprise of -20.00%, with the consensus EPS estimate being -$0.30.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...

Plug Power (PLUG) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to loss of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this alternative energy company would post a loss of $0.32 per share when it actually produced a loss of $0.43, delivering a surprise of -34.38%.Over the last four quarters, the company ...