Hydrogenics Corp. (HYGS)

[2bStealthy]

....the Company re-iterates the previously announced 2014 outlook that it will exceed $50 million in revenue and will surpass break-even Adjusted EBITDA1 for the year. This view is supported as follows:

The Company finished 2013 with $57 million in backlog;
Approximately $40 million of the current contracted backlog will be realized as revenue in calendar 2014; and
Other sales pipeline opportunities closing into backlog in the first and second quarters will have revenue potential for the second half of 2014.