FuelCell Energy (FCEL) Misses Q3 EPS by 2c

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FuelCell Energy Reports Third Quarter of Fiscal 2022 Results

September 8, 2022 7:30 AM EDT

Third Quarter Fiscal 2022 Financial Highlights(All comparisons are year-over-year unless otherwise noted)

Revenues of $43.1 million compared to $26.8 millionGross loss of $(4.2) million compared to gross profit of $1.1 millionLoss from operations of $(28.0) million compared to $(10.6) millionBacklog of $1.284 billion as of July 31, 2022, compared to $1.299 billion as of July 31, 2021

DANBURY, Conn., Sept. 08, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world... More