FuelCell Energy Q3 revenue $23.7M (-7% YoY); net loss $(0.07) per share; Adjusted EBITDA improves to $(20.1)M

FUELCELL ENERGY INC

2024-Q3 EPS reported -$0.19 revenue$62,806,000

Revenue $23.7M, down 7% YoY; gross loss improved to $(6.2)M from $(8.2)M.
Net loss per share $(0.07) vs $(0.06); prior-year included $0.04 one-time gain on debt extinguishment.
Adjusted EBITDA $(20.1)M, improved 36% from $(31.6)M YoY.
Generation revenue up 22% to $13.4M (Toyota, Derby projects); Advanced Technologies revenue up 83% to $8.6M.
Backlog grew meaningfully; CEO highlights solid oxide platform interest and data center opportunity.

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