FuelCell Energy: Fiscal Q2 Earnings Snapshot
DANBURY, Conn. (AP) — DANBURY, Conn. (AP) — FuelCell Energy Inc. (FCEL) on Friday reported a loss of $38 million in its fiscal second quarter.
On a per-share basis, the Danbury, Connecticut-based company said it had a loss of $1.79.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.51 per share.
The fuel cell power plant maker posted revenue of $37.4 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $34.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCEL at https://www.zacks.com/ap/FCEL