Hydrogenics Warns of Production Delays

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hygs_logo.gifHydrogenics Corp (HYGS) warned that due to production delays first-quarter revenue will fall below year-ago levels, and will miss Wall Street’s target. The company said it expects revenue of between $4.5 million and $6.5 million, compared with the $11.3 million it posted in the prior year quarter. Analysts, on average, expect first-quarter revenue of $11.8 million. [ more ] Shares of Hydrogenics have fell sharply over the last couple of days.

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