Amazon Partner Plug Power's Earnings Miss Target

Plug Power PLUG reported losing 13 cents a share on revenue of $15.2 million.

Author:: TheStreet Staff
Publish date:: May 9, 2017 9:54 AM EDT

Plug Power (PLUG) - Get Report reported losing 13 cents a share on revenue of $15.2 million. Analysts expected it to lose 7 cents a share on revenue of $24.9 million. The company confirmed its full-year guidance of $130 million and gross margins of 8% to 12%.

Last month Plug Power saw its shares jump up on a partnership agreement with Amazon (AMZN) - Get Report .

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Read Full Article: Amazon Partner Plug Power's Earnings Miss Target, Firm Confirms FY 2017 Outlook

This article was written by a staff member of TheStreet.