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Struggling fuel cell maker Ballard Power (BLDP) is down 4.5% AH after warning it expects 2012...

Struggling fuel cell maker Ballard Power (BLDP) is down 4.5% AH after warning it expects 2012 revenue of $85M and adjusted EBITDA of -$5M, below prior guidance of $100M and breakeven. Ballard blames delayed Brazilian and European bus orders; longer-than-expected contract negotiations with the City of Sao Paolo (previous) are taking a toll in the former case. (PR)
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Comments (1)
  • Sam Liu
    , contributor
    Comments (3861) | Send Message
     
    maybe they should lower their price and then the contract would be approved and money would fill its coffers
    18 Jun 2012, 07:19 PM Reply Like
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