FuelCell Energy Q4 revenue doubles to $49.3M but gross loss widens to $(10.9)M; net loss $(39.6)M

FUELCELL ENERGY INC

2024-FY EPS reported -$7.83 revenue$112,132,000

Q4 revenue $49.3M (+120% YoY) driven by module sales to GGE in South Korea and Ameresco contract.
Gross loss $(10.9)M vs $(1.5)M prior year; net loss $(39.6)M ($(2.21)/share) vs $(29.5)M.
Full FY2024 revenue $112.1M (-9% YoY); net loss $156.8M, worsened from $108.1M.
Adjusted EBITDA improved to $(25.3)M from $(30.8)M in Q4.
CEO cites global restructuring and focus on data center/clean baseload power generation.

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