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Energy stake finally plugged in after balance sheet presentation |  3/2/22

Energy stake finally plugged in after balance sheet presentation | 3/2/22

Plug Power presented its fourth-quarter and full-year 2021 figures.

On March 1, 2022, Plug Power published figures for the quarter ending December 31, 2021 at the quarterly financial conference.

A loss per share was reported at $0.330 versus -$1.120 in the same quarter last year.

On the sales side, there were $161.9 million on the books. In the same period last year, the company executed $316.3 million.

The loss per share for the full year was reported at $0.820. In the previous year, -$1,580 per share was generated.

Compared to the previous year, Plug Power posted a 599.99 percent increase in sales in the recently ended fiscal year. The company estimated sales at US$502.34 million compared to -100.47 million US$ in the previous year.

Analysts’ expectations for the whole of last year were a loss of $0.568 per share. Sales for the full year were estimated at $497.41 million.

Shares of Plug Power fluctuated wildly in Nasdaq trading on Wednesday, rising 1.69 percent to $25.27.

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Image source: Plug Power Inc.

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