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Plug Power Q3 Loss Widens as Revenue Falls
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Plug Power Q3 Loss Widens as Revenue Falls
Nov 12, 2024 5:06 AM

07:42 AM EST, 11/12/2024 (MT Newswires) -- Plug Power ( PLUG ) reported a Q3 loss Tuesday of $0.25 per diluted share, widening from a loss of $0.47 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.24.

Net revenue for the quarter ended Sept. 30 was $173.7 million, down from $198.7 million a year earlier.

Analysts polled by Capital IQ expected $210 million.

Shares of the company were down 4.5% in recent Tuesday premarket activity.

Price: 1.9000, Change: -0.09, Percent Change: -4.52

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