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0.000883392226148391 0.00176678445229694 0.0123674911660778 0.00531802120141343 0.00618374558303889 0.00706713780918729 0.00706713780918729 0.00706713780918729
Stock impact report

Why FuelCell Energy (FCEL) Stock Is Up 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
14.5% in the afternoon session after continued positive momentum as the company reported mixed but largely positive fiscal third-quarter results that featured a significant earnings beat. Investors focused on the bottom line, where the company's adjusted loss of $0.95 per share was substantially better than the average analyst estimate of a $1.63 per share loss. The positive sentiment was further supported by a 97% year-over-year increase in revenue to $46.7 million. This surge was mainly driven by the Gyeonggi Green Energy (GGE) service contract in Korea, which contributed $24 million. The company also highlighted a 4% year-over-year increase in its backlog to $1.24 billion, signaling a solid pipeline of future business. Overall, the much smaller-than-anticipated loss appeared to outweigh a slight revenue miss against some expectations, fueling strong investor optimism. Is now the time to buy FuelCell Energy? Access our full analysis report here, it's free What Is The Market Te Show less Read more
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