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0 0 0 0 -0.015818431911967 -0.0405777166437414 0.00687757909215954 0.0151306740027511
Stock impact report

Why FuelCell Energy (FCEL) Shares Are Sliding Today [Yahoo! Finance]

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: Yahoo! Finance
company's fourth-quarter results showed a significant revenue miss and a shrinking order backlog, which overshadowed strong sales growth. While revenue grew nearly 61% year-over-year to $30.5 million, the figure fell short of analyst expectations. The company also posted a net loss of $26.1 million. Investors were further concerned by a 10.8% decrease in the company's total backlog, which fell to $1.17 billion, suggesting potential weakness in future business. Additionally, the company's gross loss was $5.9 million for the quarter. Despite a narrower loss per share compared to the prior year, the combination of missed revenue targets and a shrinking pipeline of future work appeared to weigh heavily on investor sentiment. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy FuelCell Energy? Access our full analysis report here, it's free What Is The Market Telling Us FuelCell Energy's shares a Show less Read more
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