FuelCell Energy: Fiscal Q4 Earnings Snapshot
By AP News
Published - Dec 19, 2023, 07:54 AM ET
Last Updated - Dec 21, 2023, 11:49 AM EST
DANBURY, Conn. (AP) — DANBURY, Conn. (AP) — FuelCell Energy Inc. (FCEL) on Tuesday reported a loss of $30.4 million in its fiscal fourth quarter.
The Danbury, Connecticut-based company said it had a loss of 7 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The fuel cell power plant maker posted revenue of $22.5 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $26.1 million.
