Ballard Power Systems (TSE:BLDP) has released an update.
Ballard Power Systems reported a 4% increase in Q2 2024 revenue to $16.0 million, with significant growth in heavy-duty mobility sales and advancements in fuel cell technology and manufacturing. Despite this, the company experienced a downturn in order intake and is adjusting its capital expenditure forecast while maintaining a strong focus on customer-oriented product development and cost management.
For further insights into TSE:BLDP stock, check out TipRanks’ Stock Analysis page.
