Plug Power Inc (PLUG)

[uksausage]

surprisingly little action after hours

looks like revenue of $220m beating revised estimates

goodwill hit of nearly $300m

so agree it will all be about the future, Q1 2/3rds of the way , I doubt we will see real improvement in margins until Q2

Impacting 2024 numbers cf 2023:
Price increase
cost of fuel much lower due to Georgia/Temmesse and loewr nat gas prices
Staff cuts
Going concern removed

Hope we get an idea on inventory - when will the $960M be shipping?

pleased stock isn't moving either way on the 10k, may mean we only move 10-15%