Plug Power is trading 4.05% up at $2.31 as investors continue reacting to the August 10 earnings report, which showed second-quarter revenue beating expectations and gross margin improving to approximately breakeven.
- Second-quarter revenue reached $178.3 million.
- Management raised 2026 revenue-growth guidance to 15%-16% and reiterated its goal of positive EBITDAS in the fourth quarter.
- Plug Power is participating in the Canaccord Growth Conference on August 12; no separate catalyst was identified.