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FuelCell Energy: Fiscal 3Q Earnings Snapshot

By The Associated Press | September 6, 2018 | Reprints | Unlock Link | Print

FuelCell Energy Inc. on Thursday reported a loss of $15.9 million in its fiscal third quarter.

On a per-share basis, the Danbury-based company said it had a loss of 20 cents.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The fuel cell power plant maker posted revenue of $12.1 million in the period, beating forecasts. Three analysts surveyed by Zacks expected $11.6 million.

The company’s shares closed at $1.20. A year ago, they were trading at $1.54.