Plug Power reports Q3 results

Plug Power reports Q3 results

Plug Power, a New York-based manufacturer of hydrogen fuel cell systems, has reported its quarter three (Q3) results with gross billings totalling $61m.

During Q3 2019, 68% of Plug Power’s gross billings were associated with the company’s subscription programme where customers pay a fee on a monthly basis to access Plug Powers fuel system solutions.

Adjusted EBITDA for the quarter was $2.5.

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