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Hydrogenics: Profit Taking after Being on a Roll

Hydrogenics: Profit Taking after Being on a Roll

by | Nov 2, 2017 | North America

HyLYZER

HyLYZER® 400-30 electrolyzer, © Hydrogenics

Hydrogenics (Nasdaq: HYGS) has a full schedule with USD 151.2 million in backlog for several types of fuel cell applications, from truck conversion kits (Scania in Norway) to bus stacks in China to H2 refueling stations and power-to-gas systems. A loss of USD 5.7 million (minus USD 0.45 per share) in the second quarter can be considered a temporary slump, as the company said that some shipments had been moved to the third. Hydrogenics intends to stick to the forecast it had published for the entire year. (more…)

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Hydrogenics – Record-High Order Figures

Hydrogenics – Record-High Order Figures

by | May 3, 2017 | North America

Raglan

Raglan Glencore Nickel Mine, © Hydrogenics

Canadian-based Hydrogenics (NASDAQ: HYGS) reported revenue of USD 8.7 million for the fourth quarter of last year and a net loss of USD 0.20 per share. This means revenue in all of 2016 was at USD 29 million, at a net loss of USD 9.9 million. Conversely, the number of order bookings has skyrocketed and backlog totaled USD 106.6 million, of which around USD 38 million are said to be recognized as revenue in the current fiscal year (more…)

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