Alternative Energy Stock Review; Plug Power Featured on MicroStockProfit.com


DALLAS, Sept. 19, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Plug Power Inc. (Nasdaq:PLUG). The report highlights the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.

The free, in-depth report for PLUG is available at: www.microstockprofit.com/lp/PLUG

Plug Power Inc. (PLUG) is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of fuel cell systems for the industrial off-road (forklift or material handling) market. It has also developed products for the back-up and stationary power markets worldwide.

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In the report, the analyst notes:

"PLUG received orders for 431 and 986 GenDrive units in the three and six months ended June 30, 2011, respectively. Its backlog of 1,296 orders as of June 30, 2011, represents about $24.2 million in potential future revenue and the Company expects approximately 60% of these orders to ship throughout the remainder of 2011."

"PLUG posted a net loss of $6.8 million, or $(0.41) per share on a basic and diluted basis, for the second quarter of 2011. This compares with a net loss of $18.5 million, or $(1.41) per share, for the second quarter of 2010."

To read the entire report visit: www.microstockprofit.com/lp/PLUG

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MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC.  Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.


 



            

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