secwatch.observer — SEC 8-K summary
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Issuer:     FUELCELL ENERGY INC (FCEL)
CIK:        0000886128
Form:       8-K
Filed at:   2024-06-10T23:59:59+00:00
Accession:  0001558370-24-009025
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FuelCell Energy Q2 revenue falls 42% to $22.4M; net loss per share $(0.07)
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- Revenue of $22.4M, down 42% YoY from $38.3M; gross loss widened to $(7.1)M from $(6.1)M.
- Net loss per share improved to $(0.07) from $(0.09) in prior year; Adjusted EBITDA $(26.5)M vs $(26.0)M.
- Service agreements revenue collapsed to $1.4M (no module exchanges) from $26.2M; generation revenue up 67% to $14.1M.
- Extended JDA with ExxonMobil Technology & Engineering for carbon capture; post-quarter $160M module supply agreement with Gyeonggi Green Energy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886128/000155837024009025/0001558370-24-009025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886128/000155837024009025/fcel-20240610x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009025

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