FuelCell Energy (FCEL) Guides for Modest Revenue Gains in FY15; Sees Output Ramping to 400-MW
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EPS Growth %: +11.1%
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Net loss: -11.07M
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FuelCell (Nasdaq: FCEL) is looking for average quarterly revenue of $50 to $60 million in FY15, which takes into consideration the company's current output.
Management at FuelCell issued the commentary during the company's Q4 conference call today.
Notably, revenue for FuelCell has ranged from $33.7 million up to $55.2 million over the last several quarters.
FuelCell sees the POSCO plant being completed by the middle of 2015.
Total output for the company may reach 400-MW next year, versus 100-MW of current capacity at FuelCell.
FielCell is also planning to provide 196-MW in New York.
Shares of FuelCell are up 2.9 percent following an active morning session.
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