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2024

FuelCell Energy: Fiscal Q2 Earnings Snapshot

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DANBURY, Conn. (AP) — DANBURY, Conn. (AP) — FuelCell Energy Inc. (FCEL) on Monday reported a loss of $32.9 million in its fiscal second quarter.

On a per-share basis, the Danbury, Connecticut-based company said it had a loss of 7 cents.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The fuel cell power plant maker posted revenue of $22.4 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $22.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCEL at https://www.zacks.com/ap/FCEL