FuelCell Energy Q3 revenues down 41% to $25.5M; net loss per share $(0.06)

FUELCELL ENERGY INC

2023-Q3 EPS reported -$0.19 revenue$100,932,000

Revenue $25.5M vs $43.1M YoY; gross loss $(8.2)M vs $(4.2)M.
Net loss per share $(0.06) vs $(0.08) in prior year quarter.
Completed Toyota Long Beach Tri-gen commissioning; awaiting final permits.
Extended ExxonMobil JDA through March 2024 to continue Gen2 technology derisking.
New 14-year service agreement with Noeul Green valued at ~$73M; cash $414M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FUELCELL ENERGY INC reported third quarter ended July 31, 2023 results: revenue $25.5 million, EPS $(0.06).

Period: third quarter ended July 31, 2023
Revenue: $25.5 million
EPS: $(0.06)
Result: reported results

Exact text from the filing

Energy Reports Third Quarter of Fiscal 2023 Results Third Quarter Fiscal 2023 Financial Highlights (All comparisons are year-over-year unless otherwise noted) ● Revenues of $25.5 million compared to $43.1 million ● Gross loss of $(8.2) million compared to $(4.2) million ● Loss from operations of $(41.4) million compared to $(28.0) million ● Net loss per share was

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Source: SEC EDGAR

accession 0001558370-23-015617

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