FuelCell Energy, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2023
September 11, 2023 at 07:41 am EDT
FuelCell Energy, Inc. reported earnings results for the third quarter and nine months ended July 31, 2023. For the third quarter, the company reported sales was USD 10.98 million compared to USD 10.88 million a year ago. Revenue was USD 25.51 million compared to USD 43.1 million a year ago. Net loss was USD 24.28 million compared to USD 29.41 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.08 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to USD 0.08 a year ago.
For the nine months, sales was USD 28.98 million compared to USD 27.42 million a year ago. Revenue was USD 100.93 million compared to USD 91.28 million a year ago. Net loss was USD 77.2 million compared to USD 100.26 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.27 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.27 a year ago.