Ballard Financials: Record Q4

Ballard Power Systems has released its fourth quarter (Q4) and 2019 full year results.

The Vancouver-based company reported record total revenues for Q4 of $41.9m, a 47% year-over-year increase.

Full year revenues for the company totalled $106.3m, a 10% year-over-year increase.

“We closed out 2019 with high activity levels, record quarterly revenue of $41.9m in Q4, full year revenue of $106.3m, exceeding our full year outlook,” said Randy MacEwen, President and CEO of Ballard.

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