While a headline earnings per share (EPS) miss drew initial attention, a deeper look into the company's operational metrics and strategic partnerships reveals a narrative of progress that long-term investors may find compelling.
Plug Power Inc. reported improved Q1 2025 results due to a combination of price increases for the company's service offerings and aggressive cost reduction efforts. However, gross margins remained in deeply negative territory and the business continues to consume substantial amounts of cash. While PLUG liquidity appears to be sufficient for the remainder of the year, the low share price has impacted the company's funding options.
PLUG posts first-quarter 2025 results, wherein its revenues increase 11.1% year over year on growing electrolyzer deliveries and continued demand in material handling.
The headline numbers for Plug Power (PLUG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Plug Power (PLUG) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.43 per share a year ago.
Plug Power Inc. (NASDAQ:PLUG ) Q1 2025 - Earnings Conference Call May 12, 2025 4:30 PM ET Company Participants Teal Hoyos - VP, Marketing and Communications Andy Marsh - CEO Jose Luis Crespo - Chief Revenue Officer Conference Call Participants Bill Peterson - JPMorgan George Gianarikas - Canaccord Genuity Colin Rusch - Oppenheimer Eric Stine - Craig Hallum Dushyant Ailani - Jefferies Operator Greetings, and welcome to the Plug Power First Quarter 2025 Earnings Call. At this time, all participants are in a listen only mode.
In the most recent trading session, Plug Power (PLUG) closed at $0.84, indicating a -1.01% shift from the previous trading day.
Plug Power (PLUG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Plug Power (PLUG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Plug Power's shares rallied after the company pre-announced Q1 revenues in-line with management's previous guidance range and highlighted lower cash usage. In addition, the company entered into an up to $525 million secured debt agreement with existing lender Yorkville Advisors. Unfortunately, a closer look at Plug Power's regulatory filings reveals an expensive transaction with a 15%+ interest rate and harsh amortization requirements.
Plug Power (PLUG 27.53%) stock is soaring in Monday's trading after the company published preliminary first-quarter results and announced a new funding move. The hydrogen fuel cell specialist's share price was up 28.8% as of 2:45 p.m.
Plug Power (NASDAQ:PLUG) shares surged after the company announced strong preliminary revenue results for the first quarter of 2025 and the signing of a significant $525 million secured credit facility with Yorkville Advisors. The company, which is developing green hydrogen and fuel cell technologies, said it expects first quarter revenue in the range of $130 million to $134 million, in line with the analyst consensus of $131.6 million.