Plug Power (Nasdaq: PLUG) lost $11.88 million, or minus 14 cents a share, for the quarter ended Sept. 30. That compares to a loss of $11.87 million, or minus 15 cents a share, a year ago.

Revenue fell to $1.8 million, down from $3.9 million in the same quarter last year. The drop in revenue, along with an increase of administrative costs, were offset in part by lower research and development costs, and a boost in interest income.

For the nine months, the company lost $37 million, or minus 43 cents a share, on revenue of $6.8 million. For the same period in 2005, the company lost $35.3 million, or minus 47 cents a share, on revenue of $10.8 million.

Roger Saillant, CEO of the Latham fuel-cell system developer, said the company had received orders for more than 400 of its GenCore power backup systems.

"We continue to gain traction within the global telecommunications market sector," Saillant said.