Plug Power Inc Q2 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: William Chapman Peterson - JPMorgan Chase & Co, Research Division - Analyst : Yes, my question is this -- you announced this Plug Symposium. We're certainly looking forward to hearing more about the progress. But -- and I fully understand the move to virtual, that's definitely understandable. But it was delayed by a month. I'm just wondering if the delay is related to any sort of production movement, timing or any other delays? How does the manufacturing plan compare to your original plan? And the reason I'm asking this is, you didn't speak to it, but it's pretty apparent that supply constraints are impacting REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 05, 2021 / 8:30PM, PLUG.OQ - Q2 2021 Plug Power Inc Earnings Call a number of industries, and perhaps maybe some lead times have been extending. I'm just curious if there's anything that's just changed in your manufacturing plan.

Question: William Chapman Peterson - JPMorgan Chase & Co, Research Division - Analyst : That's great. And it's somewhat of a lead-in to my next question. A lot has been asked about the hydrogen cost and those things. But I'm actually curious more about how we should think about your margin trajectory here in the second half and into next year as it relates to more of the systems cost? I think you got close to 20% here in the June quarter. How does that progress as we move through the year and into next year?