Plug Power (PLUG) Powers Down: Lowers Revenue Growth

Plug Power (PLUG) provides hydrogen fuel cell systems to replace conventional batteries. George Tsilis joins Alex Coffey and Jenny Horne to discuss PLUG as it delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions. He talks about how PLUG sees 4Q revenue impacted by product launch delays. He notes that PLUG lowered its FY22 revenue growth view to 45-50%. He then goes over how PLUG see s a positive future with 2030 revenue projected at $20B and gross margin at 35%. Tune in to find out more about the stock market today.