U.S. Markets open in 5 hrs 13 mins

Plug Power: 1Q Earnings Snapshot

LATHAM, N.Y. (AP) _ Plug Power Inc. (PLUG) on Wednesday reported a loss of $33.9 million in its first quarter.

The Latham, New York-based company said it had a loss of 15 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The alternative energy company posted revenue of $18.6 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $34.5 million.

The company's shares closed at $2.48. A year ago, they were trading at $1.87.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLUG at https://www.zacks.com/ap/PLUG