secwatch.observer — SEC 8-K summary
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Issuer:     PLUG POWER INC (PLUG)
CIK:        0001093691
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001104659-23-089288
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plug Power Q2 revenue record $260.2M (+72% YoY); reaffirms FY23 guidance $1.2B–$1.4B
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- Q2 revenue $260.2M (+72% YoY); reaffirmed 2023 guidance $1.2B–$1.4B.
- GAAP gross loss of 30% (improved sequentially); includes ~$45M scale-up costs.
- Georgia green H2 plant reaching 15 TPD liquid capacity in Q3; expansion to 30 TPD underway.
- Cryogenics/liquefier revenue $69.7M (from $18.2M); backlog exceeds $1B.
- Exploring financing options: DOE Loan Program, strategic partners, corporate debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1093691/000110465923089288/0001104659-23-089288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1093691/000110465923089288/tm2323234d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-089288

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