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Hydrogenics Corp. designs, develops and manufactures hydrogen generation and fuel cell products based on water electrolysis technology and proton exchange membrane technology. It operates through OnSite Generation and Power Systems segment. Read More The OnSite Generation segment develops products for industrial gas, hydrogen fueling, and renewable energy storage markets. The Power Systems segment focuses on producing energy storage, motive power, and stationary applications. The company was founded on June 10, 2009 and is headquartered in Mississauga, Canada.
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Seeking AlphaMay 14
More on Hydrogenics Q1 results; shares -1.7%
Hydrogenics (HYGS -1.7% ) reported Q1 revenues of $8.08M down by 0.9% Y/Y. Backlog was at $150M, and company secured $26.5M of orders for renewable energy storage, industrial gas and power system applications during Q1. Q1 Gross margin expanded by 819 bps to 47.9%, attributable to higher profitability on license and support services revenue. Loss from operations increased to $2.04M compared to $1.68M a year ago. Q1 Adj. EBITDA loss reduced to $963k from $1.6M a year ago. SG&A expenses were $4.11M (+44.8...
Yahoo FinanceMay 14
Hydrogenics Reports Q1 Loss, Lags Revenue Estimates
Hydrogenics (HYGS) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.13 per share a year ago.
Yahoo FinanceMay 14
Hydrogenics: 1Q Earnings Snapshot
MISSISSAUGA, Ontario (AP) _ Hydrogenics Corp. (HYGS) on Tuesday reported a loss of $2.6 million in its first quarter. On a per-share basis, the Mississauga, Ontario-based company said it had a loss of 15 cents. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share. Scroll to continue with content Ad The hydrogen fuel cell maker posted revenue of $8.1 million in the period. Hydrogenics shares have ri...
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