FuelCell Energy: Fiscal Q2 Earnings Snapshot

In this article:

DANBURY, Conn. (AP) — DANBURY, Conn. (AP) — FuelCell Energy Inc. (FCEL) on Thursday reported a loss of $34.3 million in its fiscal second quarter.

On a per-share basis, the Danbury, Connecticut-based company said it had a loss of 9 cents.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The fuel cell power plant maker posted revenue of $38.3 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $23.7 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCEL at https://www.zacks.com/ap/FCEL

Advertisement