February 24, 2017 / 1:01 PM / 6 months ago

BRIEF-Plug Power sees 2017 bookings of $325 million

Feb 24 (Reuters) - Plug Power Inc:

* Sees 2017 total gaap revenue of $130 million, which is an increase of over 50 pct versus 2016

* Sees 2017 bookings of $325 million

* Plug Power Inc- preliminary full year 2016 gaap revenue of $85.9 million

* Sees 2017 gaap gross margin of 8 pct to 12 pct

* Plug Power Inc- preliminary full year 2016 contract bookings of $280 million

* Sees preliminary full year 2016 gaap gross margins of 4.5 pct

* Fy2017 revenue view $135.4 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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