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Hydrogenics Corp (HYG.TO)

HYG.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Hydrogenics Q2 revenue fell 19 percent to $7.5 million
Wednesday, 2 Aug 2017 06:30am EDT 

Aug 2 (Reuters) - Hydrogenics Corp ::Hydrogenics reports second quarter 2017 results.Q2 revenue fell 19 percent to $7.5 million.Q2 revenue view $9.9 million -- Thomson Reuters I/B/E/S.Hydrogenics -ended Q2 with backlog level at $152.1 million, securing orders of $45.3 million for power-to-gas systems, fueling stations, industrial gas applications and mobility systems.Q2 loss per share $0.45.Q2 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S.  Full Article

Hydrogenics announces extension of outside date for US$21 mln private placement
Thursday, 8 Jun 2017 06:00am EDT 

June 8 (Reuters) - Hydrogenics Corp :Hydrogenics announces extension of outside date for US$21 million private placement.Exercised option under subscription agreement with Hejili to extend outside date to close private placement to June 27, 2017.Extension provides additional time to obtain all applicable stock exchange approvals and Chinese regulatory approvals.  Full Article

Hydrogenics to provide fuel cells for ASKO's Scania trucks
Monday, 5 Jun 2017 06:30am EDT 

June 5 (Reuters) - Hydrogenics Corp :Hydrogenics to provide fuel cells for Scania trucks at Norway’s largest grocery wholesaler.Hydrogenics Corp - first Scania hydrogen-powered vehicles are expected to be operational by late 2018.Hydrogenics Corp - ‍additional terms were not disclosed​.  Full Article

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