Plug Power Inc. (NASDAQ:PLUG) Q3 2022 Earnings Conference Call November 8, 2022 4:30 PM ET
Company Participants
Teal Hoyos - Director of Marketing & Communications
Andrew Marsh - Chief Executive Officer
Sanjay Shrestha - Chief Strategy Officer
Paul Middleton - Chief Financial Officer
Conference Call Participants
Kristen Owen - Oppenheimer
Bill Peterson - JPMorgan
Eric Petrie - Citigroup
Joseph Spak - RBC Capital Markets
Alex Kania - Wolfe Research
Eric Stine - Craig-Hallum Capital Group
George Gianarikas - Canaccord
Sam Burwell - Jefferies
Gregory Lewis - BTIG
Craig Shere - Tuohy Brothers
Greg Wasikowski - Webber Research
Ameet Thakkar - BMO Capital Markets
Operator
Greetings, and welcome to the Plug Power Third Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Teal Hoyos, Director Marketing Communications. Thank you. Please go ahead.
Teal Hoyos
Thank you. Welcome to the 2022 third quarter update call. This call will include forward-looking statements. These forward-looking statements contain projections of our future results of operations, or of our financial position or other forward-looking information. We intend these forward-looking statements to be covered by the Safe Harbor provision for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
We believe it is important to communicate our future expectations to investors. However, investors are cautioned statements, and such statements should not be read or understood as a guarantee of future performance or results. Such statements are subject to risks and uncertainties that could cause actual results or performance to differ materially from those discussed as a result of various factors including, but not limited to risks and uncertainties discussed under Item 1A Risk Factors in our annual report on Form 10-K for the fiscal year ending December 31, 2021, as well as other reports we file from time to time with the SEC. These forward-looking statements speak only as of today in which the statements are made, and we do not undertake or intend to update any forward-looking statements after this call or as a result of new information.
At this point, I would like to turn the call over to Plug's CEO, Andy Marsh.
Andrew Marsh
Well, thank you, Teal. So we have published an investor letter today that provides details about the quarter, status of our projects and a summary of our midterm ambitions. I noticed [Indiscernible] company is tough to financially understand in the near term. It really comes down to two areas, the cost of hydrogen and selling more equipment.