Plug Power Inc (NASDAQ:PLUG) reported a first-quarter fiscal 2024 net revenue decline of 42.8% year-over-year to $120.264 million, missing the consensus of $157.58 million.  Plug stated that sales performance reflects seasonality in equipment sales and timing impacts from electrolyzer deployments. Net loss per share was $(0.46) down from $(0.35) YoY, below the consensus of $(0.32). Gross loss expanded to $(159.075) million from $(69.396) million a year ago, and operating loss for the quarter expanded to $(259.41) million from $(209.8) million YoY. Plug saw improvements in the quarter's gross margins for Fuel Delivered, Service, and Power Purchase Agreements versus the first and fourth quarters of 2023. Meanwhile, it saw ...