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On 1 hand, that was partly as a consequence plug money of composing down $325 million of property. even so, even following adjusting for that non-income cost, Plug still missing around $one billion final calendar year, Though revenue enhanced. the motive force was its significant investments in expansion. Just bear in mind, this can be a contentio
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The expectation I have is the fact that Plug Power really should pivot to beneficial gross margins inside the fourth quarter of 2023, and also to be straightforward, this could be a major deal for the corporation if it materializes. along with the need for financing to fund its progress, Plug Power wants to be able to display its ability to expand