Plug Power Inc (PLUG)

[BuckeyeStocks]

Highlights for First Quarter 2017 and Subsequent Events ? Signed Amazon agreement for multi-site GenKey deployments and technology collaboration; representing approximately $70.0 million in 2017 revenue ? Shipped first commercial ProGen engines for integration into electric vehicle range extenders associated with FedEx program ? Introduced next-generation versions of two Class 2 GenDrive units that will further reduce costs and improve performance and reliability; - Total GAAP revenues of $15.2 million; - Completed $65.0 million in new contract bookings; - GAAP earnings per share loss of $0.13 on a diluted basis; - Deployed two PPA sites, in line with expectations;
- Confirmed full-year 2017 guidance, including GAAP revenue of $130.0 million, GAAP gross margins within the range of 8% - 12% and total cash used of $25 - $35 million;