Plug Power Reaffirms Annual Revenue Growth Guidance and Targets Positive EBITDA

Plug Power (PLUG) has reaffirmed its annual revenue growth guidance of 15% to 16%, projecting approximately $280 million in revenue for the fourth quarter. During its Q3 earnings call, management highlighted progress toward three core strategic priorities: increasing sales, enhancing margins, and improving cash flow. The company reported that Q3 demonstrated year-over-year improvements across these metrics, achieving its strongest quarterly net cash position to date. This performance signals a focused effort to stabilize the balance sheet while scaling operations in the green hydrogen sector.

By https://seekingalpha.com/user/61525086 · Seeking Alpha ·

Plug Power Reaffirms Annual Revenue Growth Guidance and Targets Positive EBITDA

Tickers: $PLUG

Topics: cash flow earnings report profit margins revenue growth

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