Plug Power Inc (PLUG)

[uksausage]

Q2 numbers were in line with expectations or slightly better. The whole financing thing and changing to GAAP generally is confusing analysts and accountants

What I saw was that with $50m a quarter with extra business coming from traditional sales then we break even because there is 35% margin on the genDrive hardware. $10m of fuel cells using PLUG stacks (class 3 or 2) will generate $3m of profit to the bottom line