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Ballard: Q2 Earnings Snapshot
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BURNABY, British Columbia (AP) — BURNABY, British Columbia (AP) — Ballard Power Systems Inc. (BLDP) on Friday reported a loss of $20.3 million in its second quarter.

On a per-share basis, the Burnaby, British Columbia-based company said it had a loss of 7 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.

The fuel cell technology company posted revenue of $20.6 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $27 million.

The company's shares closed at $2.79. A year ago, they were trading at $1.83.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLDP at https://www.zacks.com/ap/BLDP

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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