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Plug Power Inc  (PLUG)
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Plug Power Inc

PLUG's Financial Statements and Analysis



Plug Power Inc increased third quarter of 2023 net loss per share of $-0.47 compare to net loss per share of $-0.30 recorded in the same quarter a year ago a decrease compare to $-0.40 realized in previous quarter.


third quarter of 2023
Earnings Per Share Revenues
$ -0.47 $  199 Mill
$-0.17     $+10M     +5.35 %



Plug Power Inc's Revenue rose by 5.35 % in third quarter of 2023 (Sep 30 2023) year on year, to $199 million and declined by -23.63 % sequentially.


Plug Power Inc is

More on PLUG's Income Statement



Plug Power Inc's in thethird quarter of 2023 recorded net loss of $-283.479 million, an increase from net loss of $-170.758 million in III. Quarter a year ago.

Sequentially net loss advanced

More on PLUG's Growth

Plug Power Inc Inventories
Inventories grew by 98.38 % to $1,024 million from III. Quarter a year ago, sequentially inventories rose by 13.26 %. In Sep 30 2023 company's net cash and cash equivalents decreased by $-469 million, capital expenditures fell by -167.2322.55%, to $-171 millions compare to same quarter a year ago

More on PLUG's Cash flow Statement


Plug Power Inc does not pay out common stock dividend.

In trailing twelve-month period Plug Power Inc payed $ -1.95 cash per share, on a free-cash flow basis .

Book value fell by -6.37 % sequentially to $5.85 per share, -24.88% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 5.12 per share from $ 5.50.

Company issued 1.41 million shares or 0.24 % in Sep 30 2023.


More on PLUG's Dividends

 Market Capitalization (Millions) 1,996
 Shares Outstanding (Millions) 599
 Total Debt (Millions $) 198
 Revenue (TTM) (Millions $) 890
 Net Income (TTM) (Millions $) -950
 Cash Flow (TTM) (Millions $) -1,637
 Capital Exp. (TTM) (Millions $) -634
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 439




Plug Power Inc does not pay out common stock dividend.

In trailing twelve-month period Plug Power Inc had negative $ -1.95 cash flow per share, on a free-cash flow basis .

Book value fell by -6.37 % sequentially to $5.85 per share, -24.88% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 5.12 per share from $ 5.50.

Company issued 1.41 million shares or 0.24 % in Sep 30 2023.


More on PLUG's Balance Sheets

 Market Capitalization (Millions) 1,996
 Shares Outstanding (Millions) 599
 Total Debt (Millions $) 198
 Revenue (TTM) (Millions $) 890
 Net Income (TTM) (Millions $) -950
 Cash Flow (TTM) (Millions $) -1,637
 Capital Exp. (TTM) (Millions $) -634
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 439
   


  News about Plug Power Inc Earnings

Breaking News: Industrial Machinery and Components Company Records Impressive Growth in Q3 2023!

The stock market has been witnessing an interesting turn of events with regards to Plug Power Inc. Despite facing some challenges, the company has managed to demonstrate its resilience and position itself as a frontrunner in the Industrial Machinery and Components industry.
Looking at the financial performance of Plug Power Inc., we observe that for the time-frame ending September 30, 2023, the company experienced a shortfall per share of $-0.47. While this is a slight increase compared to the previous year's figure of $-0.30, it is worth noting that the company's revenue grew by an impressive 5.345% to reach $198.71 million, surpassing the industry average.
One significant aspect that stands out is...

Plug Power Inc Experiences Remarkable Revenue Growth of 72.002% During Q2 2023, despite Stock Struggles and Rising Deficit



Plug Power Inc, a leading provider of hydrogen fuel cell solutions, experienced a decline in stock performance and widened deficit in the fiscal second quarter of 2023. Despite a strong increase in revenue, the company faces challenges such as the substantial build-up of inventories and a rise in accounts receivable. These developments raise questions about how they will impact Plug Power Inc's future prospects.
Downward Stock Trend:
Over the past five days, Plug Power Inc stock experienced a drop of -3.81%, resulting in a year-to-date performance of -2.63%. Additionally, the stock is currently trading on the NASDAQ at -22.8% below its 52-week average. This downward trend indicates a lack o...

Struggling to Achieve Profitability Despite Revenue Surge, Plug Power Inc Faces Significant Losses

Plug Power Inc, a provider of hydrogen fuel cell systems and solutions, has posted a cumulative ne...


Date modified: 2023-11-12T05:57:28+00:00





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