Why Ballard Power Systems Shares Are Falling Today - Ballard Power Systems (NASDAQ:BLDP)
Ballard Power Systems reports 132% sales surge in Q4 FY23, hitting $46.80 million, surpassing analyst forecasts. Heavy-Duty Mobility revenue spikes 219% to $29 million, Stationary segment up 105% to $12.8 million. Operating expenses down 16% to $35 million, adjusted EBITDA at $(44.1) million.