Ballard Power Systems GAAP EPS of -$0.68 misses by $0.55, revenue of $14.8M misses by $9.7M
seekingalpha
2024-11-05
Ballard Power Systems press release (NASDAQ:BLDP): Q3 GAAP EPS of -$0.68 misses by $0.55.
Revenue of $14.8M (-45% Y/Y) misses by $9.7M.
Total revenue of $14.8 million in the quarter was down 45% year-over-year due to slowing customer demand, reflective of a push-out in the adoption curve for hydrogen and PEM fuel cells.