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Plug Power little changed after Q4 loss, in-line 2022 guidance

Mar. 01, 2022 5:25 PM ETPlug Power Inc. (PLUG)By: Carl Surran, SA News Editor5 Comments

Hydrogen Storage In Renewable Energy

onurdongel/iStock via Getty Images

Plug Power (NASDAQ:PLUG) -0.4% post-market after reporting a larger than expected Q4 GAAP loss while revenues of $161.9M topped forecasts and were the company's highest-ever quarterly sales.

Plug issued in-line guidance for FY 2022, seeing revenues

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Comments (5)

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Abigsoxfan profile picture
Still can't turn a profit.
Dr. Piz profile picture
@Abigsoxfan all their goes for growth! You obviously have no idea the magnitude of their businesses across the world. Literally the “Amazon of Hydrogen Clean Energy.” Long PLUG
Adding some tomorrow….
FF373737 profile picture
@apineda7000 Buying this around $20 is just plain stealing. This company is growing. Growing cutting edge companies rarely make a profit. If it does turn the corner in 2024 it would be like owning Ford stock in the early 1900s. I think that's a good comparison but I am sure there is a better one.
Game Changer profile picture

I have spent decades studying the history of technology innovation and disruption. I can comment about hundreds of fun facts on companies from the Pony Express to SpaceX. I totally agree with you. In fact, Plug would be like a Ford and Standard Oil merger in 1900. The potential of Plug over the next ten years boggles the mind.

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