Higher Operating Costs Drive Fuel Cell Firm Ballard’s Net Loss Up 39% YoY in Q3
The company's net loss for the first nine months was $139.07 million
November 9, 2022
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Ballard Power Systems, a fuel cell and clean energy solutions provider, recorded a net loss of $42.88 million in the third quarter (Q3) of 2022, a year-over-year (YoY) increase of 39%.