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Ballard Power Systems Shares Rise After Narrower Net Loss, Higher Revenue Posted for Q1

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Ballard Power Systems (BLDP) shares rose more than 8% in early trading on Tuesday after the company posted a narrower net loss and higher revenue for Q1.

The company reported a Q1 net loss Tuesday of $0.04 per share, narrower than loss of $0.07 a year earlier.

Analysts polled by FactSet expected loss of $0.06.

Revenue for the quarter ended March 31 was $19.4 million, up from $15.4 million a year earlier.

Analysts expected revenue of $20.2 million.

The company said it is not providing full-year 2026 guidance, consistent with its past practice, but added that it expects revenue for the year to be "back-half weighted."

Price: $3.60, Change: $+0.31, Percent Change: +9.27%

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