India, March 11 -- Ballard Power Systems Inc (BLDP) reported Loss for its fourth quarter that increased from last year and missed the Street estimates.
The company's bottom line came in at -$48.9 million, or -$0.16 per share. This compares with -$27.6 million, or -$0.09 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn -$0.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 131.7% to $46.8 million from $20.2 million last year.
Ballard Power Systems Inc earnings at a glance (GAAP) :
-Earnings (Q4): -$48.9 Mln. vs. -$27.6 Mln. last year.-EPS (Q4): -$0.16 vs. -$0.09 last year.-Revenue (Q4...