Ballard Power’s stock recently came under pressure for not fulfilling all the expectations of market analysts. The last quarter of 2017 didn’t see a net loss of USD 0.01 but USD 0.02 per share. The net loss for the whole of last year was as much as USD 0.05, although on a non-adjusted basis. It means that despite a considerable leap toward breakeven in 2017
Second quarter figures certainly fell short of expectations. All segments reported decreasing revenues. Still: The second half of 2015 should bring forth many positive developments in several areas, according to Ballard’s CEO, Randall MacEwen. FuelCell Energy would be “extremely busy.” This means: I assume that the takeover of Protonex will soon become reality, as over 50% of preliminary votes by Protonex’s shareholders were in favor of the deal.