FuelCell Energy, Inc. provided sales guidance for the full year 2024. The company expected that this quarter?s performance will be the low water mark of the fiscal year due to an increase in operational generation assets during the quarter and expected product sales over the balance of the fiscal year. The company believes that 2024 will be a significant year of transition ahead of anticipated growth, and look forward to achieving major milestones throughout the balance of fiscal year 2024 as work to deliver for stakeholders.

The company expected lower service agreements revenues in fiscal 2024 compared to fiscal 2023. The company currently does not expect any MW class module exchanges until the fourth quarter of fiscal 2024.