End-to-end clean hydrogen and zero-emissions fuel cell solutions provider Plug Power Inc. (PLUG) has reportedly started production at its $94 million factory in the Vista Technology Campus in Bethlehem. The company aims to expand its business to achieve its $1.40 billion revenue in 2023 and break-even operating margin.
However, the company could not surpass analysts’ earnings and revenue expectations in the third quarter. Its EPS missed the consensus estimate by 28.3%, and its topline fell short of the estimate by 23.7%.
