Plug Power Provides Business Update, Forecasts Record First-Quarter Performance
Working toward producing restated annual and quarterly filings, Plug Power (NASDAQ: PLUG) announced today that investors who are eagerly waiting for the company's first-quarter 2021 results will have to wait a little longer -- about a week. Management announced today that it will report the company's first quarterly earnings report of 2021 on May 17 as it works to finalize the restated filings.
Shareholders may be disappointed with the delay, but management announced that they may find it was worth the wait. Forecasting a record first-quarter performance, management announced it expects to report record gross billings (revenue before the removal of provisions for common stock warrants) of more than $70 million and $67 million in net revenue.
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Source Fool.com
