Seeking Alpha

Plug Power +36% premarket after announcing Q4 orders

  • Plug Power (PLUG) +36.1% premarket after saying it met Q4 2013 order targets, which totaled ~$32M, sees “significant traction closing out 2013," and expects Q1 bookings to meet or exceed Q4 bookings.
  • Highlights in PLUG's Q4 bookings include a contract to deploy multiple sites with a single food distribution customer using its turnkey GenDrive, and repeat business with key material handling giants such as Walmart, Kroger, Mercedes Benz and BMW, resulting in fleet expansion and follow-on orders.
Comments (1)
  • pmhaps@gmail.com
    , contributor
    Comments (3) | Send Message
     
    Tata power India also use PLUG technology. Any news on it?
    2 Jan, 12:30 PM Reply Like
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