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3 Key Takeaways From Plug Power's Q2 Earnings


Reporting revenue of $57.07 million, Plug Power (NASDAQ: PLUG) a leader in fuel cell solutions, beat analysts' estimate of $53.47 million. The bottom of the income statement provided another surprise, for the company reported a loss per share of $0.08, lower than the $0.10 loss that analysts were expecting.

Savvy investors know that beating analysts' estimates doesn't necessarily mean the company turned in a strong quarter, so let's take a closer look at the company's report to gain a better understanding of its progress.

Image source: Getty Images.

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Source Fool.com

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