FuelCell Energy (FCEL) Posts Q2 Loss of 4c/Share

FuelCell Energy (NASDAQ: FCEL) reported Q2 EPS of ($0.04), versus the analyst estimate of ($0.02). Revenue for the quarter came in at $28.6 million versus the consensus estimate of $41.3 million.

Revenue Backlog

Total backlog was $312.2 million at April 30, 2015 compared to $342.8 million at April 30, 2014. Backlog at April 30, 2015 did not include the recently announced Pepperidge Farm or Riverside projects, which will contribute approximately $40 million to backlog in the third quarter of 2015 and begin contributing to revenue in fiscal 2016.

• Product sales backlog totaled $91.6 million at April 30, 2015 compared to $146.6 million at April 30, 2014
• Service backlog totaled $203.7 million at April 30, 2015 compared to $181.9 million at April 30, 2014
• Advanced technologies contracts backlog totaled $16.9 million at April 30, 2015 compared to $14.3 million at April 30, 2014

For earnings history and earnings-related data on FuelCell Energy (FCEL) click here.

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