Why Ballard Power Systems Shares Are Falling Today



Ballard Power Systems Inc (NASDAQ:BLDP) shares are trading lower after it reported the fourth-quarter FY23 results.

The company reported fourth-quarter sales growth of 132% year-on-year to $46.80 million, beating the analyst consensus estimate of $34.07 million.

Heavy-Duty Mobility revenue increased 219% to $29 million and Stationary grew 105% to $12.8 million.

Total operating expenses for …

Full story available on Benzinga.com


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