DANBURY, Conn. (AP) — DANBURY, Conn. (AP) — FuelCell Energy Inc. (FCEL) on Monday reported a loss of $24.3 million in its fiscal third quarter.
On a per-share basis, the Danbury, Connecticut-based company said it had a loss of 6 cents.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The fuel cell power plant maker posted revenue of $25.5 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $25.2 million.
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, source Associated Press News