Plug Power Inc (PLUG)

[canadajim]

Everybody knows how closely PPS tracks

and after having reported :

*In Q4 2014, compared to the same quarter last year, revenue decreased 10%, to $15.6 million and gross margin was down 53 percentage points, to (19%), resulting in Adjusted EBITDA of ($16.1) million

•Q4 Adjusted EBITDA was ($16.1) million; full year Adjusted EBITDA declined 128%, to ($18.6) million. •Adjusted EBITDA was impacted in Q4 by lower gross margin as well as by impairment charges of $6.2 million related to accounts receivable.

•Q4 net income was ($17.5) million or ($0.13) per share; full year net income was ($28.2) million or ($0.22) per share, declines of 41% and 11%, respectively


Ballard's share price is down almost 10% this AM in premarket trading, and both Plug and FCEL are down 2%