Plug Power Inc (PLUG)

[uksausage]

Andy and I have said Q3 or Q4 2018 for some time for real profitability.

I posted the calculations some time back

Q3 this year will be astounding and a "one off" before dropping back into the $30-40m losses again. Some say $60m for the quarter I think higher than that. They certainly should be getting $5-6m gross profit but if the amazon install are 1000 genDrives at 45% margin it cld be double that and close to the old run rate for R&D +SG&A

It will be a precursor for the typical quarter we will see from 2018 Q3/4 onwards as they grow int doing $80-100m a quarter at a nice net profit

Every quarter should see increased revenues from hydrogen leases and hopefully service - not sure why our service revenue drop with more installed I've asked and not got a real reason.