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FuelCell Energy’s 1.4MW SureSource 1500™ biofuels fuel cell project is now operational in California, US. The site, developed with the City of San Bernardino Municipal Water Department, offers the only fuel cell generation platform approved by the California Air Resources Board (CARB) for use with on-site biofuels.
FuelCell Energy Inc. reported a wider-than-expected fiscal second-quarter loss as revenue surprisingly declined and the company continued to increase investment into research and development. For the quarter ending April 30, the net loss was $19.7 million, or 6 cents a share, after a loss of $15.6 million, or 7 cents a share, in the year-ago […]
Wells Fargo initiated coverage of FuelCell Energy with an “Underweight” rating and a price target of $9.
FuelCell Energy reported First Quarter Fiscal 2021 Highlights (All comparisons year-over-year unless otherwise noted) Revenues of $14.9 million compared to $16.3 million Gross loss of $(3.6) million compared to gross profit of $3.3 million Loss from operations of $(14.4) million compared to $(3.1) million Backlog of $1.27 billion as of January 31, 2021, a $93.8 […]
FuelCell Energy, Inc. reported its financial fourth quarter and fiscal year (which ended October 31, 2020) results. Fiscal Fourth Quarter 2020 Financial Highlights (All comparisons year-over-year unless otherwise noted) Revenues of $17.0 million compared to $11.0 million, a 54% increase Loss from operations of $(17.1) million compared to $(33.0) million Net loss of $(18.9) million […]