06:01 PM EST, 03/03/2025 (MT Newswires) -- Plug Power ( PLUG ) posted Monday a full-year 2024 diluted loss of $2.68 per share, widening from a loss of $2.30 a year ago.

Revenue for the year ended Dec. 31 was $628.8 million, down from $891.3 million a year earlier.

The firm said it will take additional measures to improve its operations and reduce expenses, including more cuts in workforce over the coming weeks and reductions in discretionary spending.