logo
  

FuelCell Energy Q1 Results Top Estimates

Clean energy technology company FuelCell Energy, Inc. (FCEL) on Thursday reported a first-quarter net loss attributable to common stockholders of $19.42 million or $0.05 per share, narrower than $41.42 million or $0.11 per share in the prior-year quarter.

Total revenues for the quarter grew 17 percent to $37.07 million from $31.80 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.07 per share on revenues of $28.11 million for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
With a view to celebrate college basketball season, Domino's Pizza Inc. is offering customers 50% off all menu-priced pizzas ordered online today through March 26. The weeklong 50% off online deal is available on menu-priced pizzas ordered through Domino's online ordering channels. The U.S. Food and Drug Administration has denied marketing of two Vuse Solo brand menthol e-cigarette products currently marketed by R.J. Reynolds Vapor Co. The agency said the company must not market or distribute these unauthorized products in the U.S. or they risk FDA enforcement action. Foot Locker, Inc. reported Monday sharply lower profit in its fourth quarter with slight drop in net sales, even as comparable sales increased. Further, the specialty athletic retailer announced dividend, and issued fiscal 2023 forecast, well below last year. However, over the long term, the company projects growth. Foot Locker further announced that it is transforming its business model in Asia.
RELATED NEWS
Follow RTT