Ballard Power Systems Inc. (NASDAQ:BLDP) shares are trading lower after it reported the second-quarter FY24 results. Revenue grew 4% Y/Y to $16.0 million, missing the analyst consensus estimate of $18.6 million. Revenue increased due to a 48% Y/Y rise in fuel cell product sales, which now account for 84% of total revenue (up from 59% in the prior year). Heavy-Duty Mobility revenue increased 55% Y/Y to $13.2 million and Stationary fell 53% Y/Y to $1.7 million. EPS loss of $0.11 beat the consensus estimate for a loss of $0.13. Total operating expenses for the quarter totaled $36.2 million, a 2% increase Y/Y. Adjusted EBITDA loss was $35.4 million, compared to a $34.2 million loss a year ago. Ballard received about $5.0 million in net new orders in the quarter. Order backlog at the end of ...