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0.00641025641025642 0.00641025641025642 0 -0.00641025641025642 0 0.00641025641025642 0.00621794871794874 0
Stock impact report

Every Plug Power Investor Should Keep an Eye on This Number [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
With revenue declining in 2024 and profitability still distant, management announced a restructuring plan that will ostensibly improve the company's finances. But in the interest of keeping things simple, those with Plug on their radars needn't worry about all the numbers that are bandied about with the restructuring plan. Instead, they need to focus on merely one figure in the coming quarters. While Plug has achieved success at growing revenue over the past 15 years, comparable growth at the bottom of the income statement has been elusive. Management, however, doesn't believe that this worrying trend will continue. During a recent investor presentation, Plug projected that it will generate both positive operating income and net income by the end of 2027 and 2028, respectively. Before investors give any credence to management's outlook, the company needs to achieve a gross profit. Evidently, management thinks that investors needn't wait long before this occurs, projecting that Show less Read more
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