The minus USD 0.11 per share was a much higher loss than the USD 0.06 that had been anticipated. The adjusted EPS is said to be at USD 0.08 per share. The company’s revenue increased to USD 32.6 million in the final quarter of 2016 – while USD 34.8 million had been expected. The net loss attributable to common shareholders (incl. large extraordinary items) added up to USD 57.6 million at USD 85.9 million in revenue. This fiscal year, GAAP revenue is expected to grow to USD 130 million. Where does the company go from here? The focus of Plug Power (NASDAQ: PLUG) is the materials handling market, and it’s doing well on it regarding customers and bookings.
Hydrogenics (HYGS, US$9.50) already has that which Ballard is planning with Chinese firm CSR in the bag: the company is providing Alstom with FC technology for use in trains. Order value: minimum of US$50m. over a time frame of ten years.
In early May 2015, the company was also able to report a technological breakthrough with the presentation of the most powerful