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Ballard Power Systems

10:16 AM EST - Ballard Power Systems : Today announced consolidated financial results for the second quarter ended June 30, 2022. All amounts are in U.S. dollars unless otherwise noted. Total revenue was $20.9 million in the quarter, down 16% year-over-year. Adjusted EBITDA was ($35.0) million, compared to ($19.7) million in Q2 2021, primarily a result of the decrease in gross margin and increase in Cash Operating Costs. Ballard Power Systems shares T.BLDP are trading up $0.04 at $10.87.