Plug Power (PLUG) Stock Jumps Over 12% Following Strong Q1 Revenue Beat
The post Plug Power (PLUG) Stock Jumps Over 12% Following Strong Q1 Revenue Beat appeared on BitcoinEthereumNews.com. Key Takeaways Q1 2026 revenue reached $163.5 million, surpassing analyst consensus of approximately $140 million. Shares gained 12.8% during Monday’s session and extended gains by 6.3% in Tuesday’s premarket. Loss per share of -$0.08 exceeded forecasts calling for -$0.10, representing a 20% earnings surprise. Year-over-year gross margin expansion of 42 percentage points, climbing from -55% to -13%. Company reaffirms pathway to achieving positive EBITDA during the fourth quarter of 2026. The hydrogen fuel cell manufacturer delivered first-quarter financial results that significantly exceeded analyst expectations, triggering a sharp rally in shares. Plug Power (PLUG) generated revenue of $163.5 million compared to the Street’s consensus of approximately $140 million. Plug Power Inc., PLUG Shares jumped 12.8% during Monday’s regular session. Extended-hours trading on Tuesd