FuelCell's stock sinks after wider-than-expected loss, while revenue beat [MarketWatch]
FuelCell Energy, Inc. (FCEL)
Last fuelcell energy, inc. earnings: 3/16 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.fce.com/investors/default.aspx
Company Research
Source: MarketWatch
Shares of FuelCell Energy Inc. sank 4.6% in premarket trading Thursday, after the fuel cell technology company reported a wider-than-expected loss, but revenue that fell less than forecast. The net loss for the quarter to July 31 was $15.3 million, or 7 cents a share, after a loss of $5.3 million, or 18 cents a share, in the year-ago period. The FactSet consensus was for a loss of 6 cents a share. Revenue fell 17.5% to $18.7 million, above the FactSet consensus of $16.0 million. Service and license revenue dropped 38% to $7.1 million and generation revenue decreased 13% to $4.7 million, while advanced technologies revenue increased 20% to $6.9 million. Meanwhile, cost of revenue grew 48% to $21.9 million. "The hydrogen economy is currently enjoying unprecedented political and business momentum, and we are well positioned to capitalize on opportunities consistent with our goals," said Chief Executive Jason Few. The stock has gained 4.8% year to date through Wednesday, while the S&P 500
Show less
Read more
Impact Snapshot
Event Time:
FCEL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FCEL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FCEL alerts
High impacting FuelCell Energy, Inc. news events
Weekly update
A roundup of the hottest topics
FCEL
News
- Global Hydrogen Industry Research 2024-2035: Production Processes, Storage Solutions, Transportation Channels, and Utilization Methods [Yahoo! Finance]Yahoo! Finance
- FuelCell Energy Technology to be Used in Sacramento Wastewater Biofuel Clean Energy Project [Yahoo! Finance]Yahoo! Finance
- FuelCell Energy Technology to be Used in Sacramento Wastewater Biofuel Clean Energy ProjectGlobeNewswire
- Investors in FuelCell Energy (NASDAQ:FCEL) have unfortunately lost 90% over the last three years [Yahoo! Finance]Yahoo! Finance
- FuelCell Energy extends carbon capture technology deal with Exxon [Seeking Alpha]Seeking Alpha
FCEL
Earnings
- 3/7/24 - Beat
FCEL
Analyst Actions
- 3/8/24 - Canaccord Genuity
FCEL
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- FCEL's page on the SEC website