FuelCell Energy, Inc. Reports Third Quarter Fiscal 2023 Results
Net Loss Narrows as Revenue Increases
By USInMinutes
Published - Sep 11, 2023, 11:43 AM ET
Last Updated - Sep 11, 2023, 11:43 AM EDT
FuelCell Energy, Inc. (FCELB) has released its financial r esults for the third quarter of fiscal year 2023, ending on July 31, 2023. The company has reported a net loss, but there are positive indicators as revenue saw an increase compared to the previous year.
Net Income/Loss
FuelCell Energy reported a net loss attributable to common stockholders of $25.08 million for the third quarter of fiscal 2023. While the company still faces challenges, this represents an improvement compared to the same period in the previous year when the net loss stood at $30.21 million.
