Plug Power offers softer-than-expected 2025 sales guidance, appoints new president [Yahoo! Finance]
Plug Power, Inc. (PLUG)
Last plug power, inc. earnings: 3/5 07:00 am
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Source: Yahoo! Finance
In a press release ahead of its sixth annual Plug Symposium at the company's Vista headquarters and manufacturing facility in Slingerlandshe, the hydrogen solutions provider outlined its plans for the coming years, targeting a revenue range between $850 million and $950 million in 2025, with gross margins anticipated to improve to between -20% and -5%. The guidance reflects tempered expectations amidst Plug's ambitious growth and development in the green hydrogen sector. The company, however, remains optimistic about longer-term growth, projecting a compounded annual growth rate (CAGR) of around 30% for its Energy and Applications segments from 2025 to 2030. This growth will focus on Plug's electrolyzer and cryogenic solutions, along with expanding its middle-market applications in Material Handling and large-scale stationary products. The company also announced the promotion of Sanjay Shrestha to President. Previously Plug's Chief Strategy Officer and General Manager of En
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PLUG
News
- Electrolyzers Market worth $78.01 billion by 2030 | MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Plug Power: Trending Positive, But The Momentum Is Tenuous [Seeking Alpha]Seeking Alpha
- Three Reasons Why PLUG is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- retail investors who own 46% along with institutions invested in Plug Power Inc. (NASDAQ:PLUG) saw increase in their holdings value last week [Yahoo! Finance]Yahoo! Finance
- Why Europe's Hydrogen Economy Dreams Remain Just That [Yahoo! Finance]Yahoo! Finance
PLUG
Earnings
- 11/12/24 - Miss
PLUG
Sec Filings
- 11/26/24 - Form 8-K
- 11/25/24 - Form 4
- 11/25/24 - Form 8-K
- PLUG's page on the SEC website