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Rockwell Medical, Inc. Message Board

  • ducttapesolder ducttapesolder Dec 11, 2013 10:23 AM Flag

    Cory - Again

    I was doing some research on PLUG last night. I looked at Ballard Power's Q3 earnings results because Ballard supplies the stacks to Plug. This is the most interesting thing that I found within the report:

    "Material Handling

    Revenue of $2.1 million, an increase of 51%; driven by an increase of 47% in shipments of fuel stacks to Plug Power for use in this market."

    The revenue number is small but I don't know how many stacks $2.1M in revenue equates to. But the 47% increase in shipments to Plug, at least partially confirms what the COE has stated about increases in bookings translating into sales.

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