The Q1 earnings results of Plug Power (PLUG) fell short of the consensus estimates and its stock fell almost 10% during extended trading on May 9, shortly after the results came out. The stock had dropped more than 14% in the regular trading session. Headquartered in New York, Plug Power develops hydrogen fuel cell systems that power a variety of machines, including forklifts. Its customers include major retailers such as Amazon (AMZN), Walmart (WMT), and Carrefour.  Q1 Earnings Numbers Revenue of $140.8 million nearly doubled from $71.96 million in the same quarter the previous year, but fell short of the consensus estimate of $144.49 million.
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Plug Power (NASDAQ:PLUG)
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