09.03.2023 13:49:51

FuelCell Energy Q1 Results Top Estimates

(RTTNews) - Clean energy technology company FuelCell Energy, Inc. (FCEL) on Thursday reported a first-quarter net loss attributable to common stockholders of $19.42 million or $0.05 per share, narrower than $41.42 million or $0.11 per share in the prior-year quarter.

Total revenues for the quarter grew 17 percent to $37.07 million from $31.80 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.07 per share on revenues of $28.11 million for the quarter. Analysts' estimates typically exclude special items.

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