Plug Power Inc (NASDAQ:PLUG) Recognizes Its Veteran Employees At Ohio Event

Plug Power Inc (NASDAQ:PLUG) recognized its veteran employees and even honored them on Tuesday at an event held in Dayton, Ohio.

The energy solutions provider took the opportunity to honor the veteran workforce during the Ohio event on August 8. Former workers and the firm itself also received tributes from the Ohio Department of Veteran Services. The company was praised for its efforts especially in identifying, employing and retaining veterans in highly specialized positions at the national service organization as well as the Dayton Service Center. The company usually creates attractive job positions for veterans. Roughly quarter of the firm’s service teams spread out across the country are military service members and veterans.

“The green-collar jobs Plug Power provides, specifically on our service team, compliment the training and discipline learned in the US military,” stated Plug Power CEO Andy Marsh.

Marsh also added in his statement that his firm was proud to create employment opportunities especially for veterans who have already dedicated themselves to serve the country. The event was also marked by the attendance of high-profile officials from the state who graced the occasion to honor the veterans.

Senator Rob Portman congratulated Plug Power for playing a critical role in helping veterans to transition back into civilian life. He pointed out that often times, veterans find themselves in tough situations where they lack the skills necessary for regular jobs or the unfamiliarity of not using the skills that they already have.

Plug Power announces Q2 results

Plug Power also announced its second quarter results, revealing that it recorded a loss of 10 cents a share. This is significantly higher than the loss estimate of 7 cents per share that was presented by Zacks. The report also revealed that the loss was higher than the 4 cents per share loss incurred by the firm in the second quarter of 2016. The company reported a 19 cents per share loss on a GAAP basis and the difference between that and the 7 cents per share loss is the effect of warrant related charges.

Plug Power stock closed the latest trading session on Wednesday at $2.14.

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