Ballard Power Systems Inc

BLDP: XTSE (CAN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Ballard Earnings: Challenging Results as Hydrogen Market Adoption Sees Delays

Ballard's third-quarter results were challenging on numerous fronts. Revenue declined 45% year on year, backlog fell sequentially, and the company announced a corporate restructuring.

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