other material
confidence high
sentiment neutral
materiality 0.40
Plug Power amends Q1 presentation to correct FY2023 revenue and gross margin projections on slide 4
PLUG POWER INC
- Corrected slide shows expected 2023 revenue of $1.4B with $140M gross margin; lower case scenario: $1.2B revenue, $50M gross margin.
- Key assumptions include shipping 27 5MW electrolyzer containers, selling 60T of liquefiers, and closing a 500MW plant sale within 90 days.
- Date of Report: May 9, 2023; filing solely corrects slide 4; all other information in original Form 8-K remains unchanged.