AwardAward with Ameresco highlights biogas opportunity as well as ability for the technology to use natural gas and blended hydrogen, including green hydrogen.
OrderOrder for 42 upgraded 1.4MW carbonate fuel cell modules and longer-term opportunity in the data center space.
PartnershipExpanded partnership with ExxonMobil, with ability to leverage technology developments with other projects.
Bears Say
Financial PerformanceAdjusted EBITDA of ($26MM) was below consensus of ($21MM) primarily due to higher R&D expenses.
Project DelaysReduced spend of $30mn for FY24 preserves liquidity but impacts the timing of some projects and planned capacity upgrades.
Revenue DeclineThe ~42% annual top-line decline was primarily driven by lower service revenue given fewer module exchanges, partially offset by higher generation and advanced technology contract revenues.
What was Fuelcell Energy’s price range in the past 12 months?
Fuelcell Energy lowest stock price was €0.46 and its highest was €2.01 in the past 12 months.
What is Fuelcell Energy’s market cap?
Currently, no data Available
When is Fuelcell Energy’s upcoming earnings report date?
Fuelcell Energy’s upcoming earnings report date is Sep 09, 2024 which is in 39 days.
How were Fuelcell Energy’s earnings last quarter?
Fuelcell Energy released its earnings results on Jun 10, 2024. The company reported -€0.064 earnings per share for the quarter, beating the consensus estimate of -€0.07 by €0.006.
How many shares outstanding does Fuelcell Energy have?
Fuelcell Energy has 497,046,700 shares outstanding.
What happened to Fuelcell Energy’s price movement after its last earnings report?
Fuelcell Energy reported an EPS of -€0.064 in its last earnings report, beating expectations of -€0.07. Following the earnings report the stock price went up 15.629%.
Which hedge fund is a major shareholder of Fuelcell Energy?
Among the largest hedge funds holding Fuelcell Energy’s share is Caxton Associates LP. It holds Fuelcell Energy’s shares valued at 463K.
FuelCell Energy, Inc. engages in the provision of fuel cell power plant production and research. Its products include suresource 1500, suresource 3000, and suresource 4000. The company was founded in 1969 and is headquartered in Danbury, CT.
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