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Hydrogenics Corp (HYG.TO)

HYG.TO on Toronto Stock Exchange

9.55CAD
25 May 2017
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Latest Key Developments (Source: Significant Developments)

Hydrogenics reports Q1 loss per share $0.18
Friday, 12 May 2017 06:30am EDT 

May 12 (Reuters) - Hydrogenics Corp : :Hydrogenics reports first quarter 2017 results.Q1 loss per share $0.18.Q1 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S.Q1 revenue rose 104 percent to $8.8 million.Q1 revenue view $7 million -- Thomson Reuters I/B/E/S.Hydrogenics Corp - of backlog of $109.8 million, company expects to recognize $44.1 million in following 12 months as revenue.Hydrogenics Corp - company ended Q1 of 2017 with backlog level at $109.8 million.  Full Article

Hydrogenics announces US$21 mln private placement
Friday, 28 Apr 2017 06:30am EDT 

April 28 (Reuters) - Hydrogenics Corp ::Hydrogenics announces US$21 million private placement.Hydrogenics Corp - entered into a subscription agreement with Fuzhou bonded zone Hejili equity investment limited partnership.Hydrogenics Corp- following completion of private placement, Hejili's interest in hydrogenics will be approximately 17.6%.Hydrogenics - co to issue 2.7 million common shares of Hydrogenics to Hejili on private placement basis, for gross proceeds to hydrogenics of us$21 million.Hydrogenics - agreement provides, among other things, that Hejili to have pre-emptive rights, right to nominate one director to board of hydrogenics.Hydrogenics - agreement also provides that Hejili to cooperate with co to jointly develop Chinese market for hydrogen, energy storage, fuel cell products.  Full Article

Hydrogenics awarded contract to provide electrolyzers to Doosan Babcock
Thursday, 23 Mar 2017 06:30am EDT 

Hydrogenics Corp - : Hydrogenics awarded contract to provide electrolyzers to Doosan Babcock for Aberdeen exhibition & conference centre . Hydrogenics Corp says hydrogenics expects to deliver electrolyzers in late 2017, providing over 300 kilograms of hydrogen storage capacity .Hydrogenics Corp says additional terms were not disclosed.  Full Article

Hydrogenics Corp awarded 2.4 MW power-to-gas plant in Germany
Wednesday, 22 Mar 2017 06:30am EDT 

Hydrogenics Corp : Hydrogenics Corp - awarded 2.4 MW power-to-gas plant in Germany .Hydrogenics Corp - Südermarsch plant is expected to be up and running this year; additional terms were not disclosed.  Full Article

Hydrogenics reports Q4 loss per share $0.20
Wednesday, 8 Mar 2017 06:30am EST 

Hydrogenics Corp - : Hydrogenics reports fourth quarter and full year 2016 results . Q4 loss per share $0.20 . Q4 earnings per share view $-0.17 -- Thomson Reuters I/B/E/S . Q4 revenue $8.7 million versus i/b/e/s view $10.1 million . Order backlog of $106.6 million as of December 31, 2016 .Of above backlog of $106.6 million, Hydrogenics expects to recognize approximately $38 million in following twelve months as revenue.  Full Article

Hydrogenics chosen for fuel cell award in China
Thursday, 29 Dec 2016 06:30am EST 

Hydrogenics Corp : Hydrogenics chosen for fuel cell award in China . Additional terms were not disclosed .Initial size of contract is estimated to be worth $4 million, although significant follow-on awards are anticipated in 2017..  Full Article

Hydrogenics reports Q2 loss per share $0.25
Wednesday, 3 Aug 2016 08:57am EDT 

Hydrogenics Corp : Hydrogenics reports second quarter 2016 results . Q2 revenue $9.2 million versus I/B/E/S view $11.4 million . Q2 loss per share $0.25 . Q2 earnings per share view $-0.16 -- Thomson Reuters I/B/E/S .Hydrogenics secured $16.2 million of new orders during quarter, resulting in a contract backlog of $102.9 million as of June 30, 2016.  Full Article

Hydrogenics signs development agreement with SinoHytec
Wednesday, 8 Jun 2016 06:30am EDT 

Hydrogenics Corp : Hydrogenics signs development agreement with Chinese partner . Says total value of contract is approximately $13.5 million .Says has entered into a strategic partnership agreement with SinoHytec.  Full Article

Hydrogenics posts Q1 loss of $0.19/share
Wednesday, 11 May 2016 06:30am EDT 

Hydrogenics Corp : Hydrogenics reports first quarter 2016 results . Q1 loss per share $0.19 . Q1 revenue fell 43 percent to $4.3 million . Q1 revenue view $7.9 million -- Thomson Reuters I/B/E/S . Q1 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S . Hydrogenics Corp says secured $5.8 million of orders during quarter, resulting in an order backlog of $98.0 million as of march 31, 2016 . Q1 of 2016 was challenging for Hydrogenics, as a few booked projects were pushed out and certain contract awards delayed . Of $98.0 million in backlog, company expects to recognize approximately $30 million over next twelve months as revenue . In Q1 several programs were impacted by slower-than-expected progress payments, delays in customer site readiness, causing deferral of revenue recognition until Q2 .Anticipate that overall gross margins should remain higher than in 2015.  Full Article

Hydrogenics Corp announces pricing of common shares
Friday, 11 Dec 2015 08:00am EST 

Hydrogenics Corp:Announces pricing and upsizing of public offering of common shares.Pricing of its previously announced underwritten public offering of 2,129,031 common shares at a price of $7.75 per share.Company elected to increase the size of the Offering from the previously announced $15 million to $16.5 million.  Full Article

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