12:49 PM EDT, 03/11/2024 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.)

Ballard Power Systems' ( BLDP ) shares fell past 8% in recent Monday afternoon trading as the company reported a Q4 loss of $0.16 per share, widening from a loss of $0.09 a year earlier.

Analysts polled by Capital IQ expected a per-share loss of $0.13.

Total fuel cell products and services revenue for the quarter ended Dec. 31 was $46.8 million, up from $20.2 million a year earlier.

Analysts surveyed by Capital IQ expected $34.4 million.

Price: 3.04, Change: -0.27, Percent Change: -8.16