Plug Power Q3 Loss Wider Than Expected, Revenues Miss Estimates

Plug Power Inc. (PLUG) reported third-quarter 2024 results, wherein its bottom and top lines missed the Zacks Consensus Estimate.Total revenues of $173.7 million missed the consensus estimate of$208 million.  The top line declined 12.6% from the year-ago quarter.The company’s adjusted loss was 25 cents per share, wider than the consensus estimate of a loss of 24 cents per share. The bottom line fared better than the adjusted loss of 47 cents per share reported in the prior-year quarter.Stay up-to-date with ...