On Tuesday, Shares of Plug Power Inc. (NASDAQ:PLUG), lost -19.45% to $1.9050.
Plug Power, reports its 2015 third quarter results.
In the third quarter of 2015, Plug Power took major steps to achieve its 2015 objectives. The Company recorded revenue of $31.4 million and bookings that exceeded $50 million. The Company recognized revenue for more than 1,200 units in the third quarter, and now has more than 9,000 units in the field. Company performance is in line with guidance for the full year that was set forth in January 2015, which comprised:
- 2015 Aim: Achieve revenue of more than $100 million
- Current Status through 9/30: $65 million in revenue
- 2015 Aim: Realize bookings of more than $200 million
- Current Status through 9/30: $166 million in bookings — 83% towards aim
- 2015 Aim: Install 15 GenFuel hydrogen storage and dispensing systems
- Current Status through 9/30: 12 GenFuel systems complete, 6 in progress
- 2015 Aim: Achieve GenDrive gross margins over 25% by the fourth quarter
- Current Status through 9/30: Ahead of plan at 17%
- 2015 Aim: Book six new customers
- Current Status through 9/30: Booked five new customers, with sixth predictable in the coming weeks
- 2015 Aim: Continue to make progress in the hydrogen business
- Current Status through 9/30: Successful development of systems that allow small-site adoption.
Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the industrial off-road markets worldwide. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies.
Shares of 3D Systems Corporation (NYSE:DDD), declined -4.46% to $9.64, during its current trading session.
3D Systems Corporation, declared recently that it will be taking part in formnext 2015, a new trade fair for moldmaking, product design and 3D printing that will be debuting this year in Frankfurt, Germany, November 17-20.
3DS will showcase the full power of its digital thread solutions for software and 3D printing, demonstrating the seamless design-to-manufacturing workflow it enables for professionals and businesses across industries. Among the products and capabilities on display will be the ProJet(R) 4500, ProJet(R) 5500X and the CubePro(R) desktop 3D printer. Visitors to the show will be able to witness firsthand the accuracy and detail of the ProX(TM) 100 Direct Metal Printer as it creates highly complex metal parts live on the show floor.
3DS’ integrated solutions enhance, complement or replace traditional manufacturing methods through 3D scanning, design, production and inspection. These solutions lead to improved part performance and raised productivity within teams and organizations.
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The company’s 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials.
Finally, Pandora Media, Inc. (NYSE:P), is now trading with 4.16% gain, and is at $13.03.
Pandora Media, will present PANDORA HOLIDAY on December 10 at Pier 36 Basketball City in New York City. A festive concert event, PANDORA HOLIDAY will feature two of the most successful names in rock music recently – FALL OUT BOY and PANIC! AT THE DISCO. The event will additionally feature a performance by G-EAZY, an acclaimed rapper out of Oakland, and the ever-popular CASH CASH will spin in between sets. Although the concert will be located in New York City, ALL Pandora listeners will be able to experience it through a special livestream. In addition to the performances and livestream, Pandora is offering two unique mixtapes celebrating the event. The first is curated by Fall Out Boy, featuring the band’s favorite rock music, and the second features hip hop and was curated by G-Eazy. Both mixtapes will go live on December 2.
“Pandora’s partnerships with artists have risen to a new level over the past 12 months, so it’s appropriate to wrap up 2015 with a show featuring dazzling talent with whom we have truly partnered across the year. We’re also elated to be extending our Holiday event to a broader audience for the first time via the livestream,” said Lars Murray, SVP Music Makers Group, Pandora.
Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy catalogs, in addition to offers Pandora One, a paid subscription service to listeners.