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FuelCell Energy(FCEL) - 2024 Q1 - Earnings Call Transcript
2024-03-07 19:30
FuelCell Energy, Inc. (NASDAQ:FCEL) Q1 2024 Earnings Conference Call March 7, 2024 11:00 AM ET Company Participants Tom Gelston - Senior Executive Vice President, Finance & Investor Relations Jason Few - President & Chief Executive Officer Mike Bishop - Executive Vice President, Chief Financial Officer & Treasurer Mark Feasel - Executive Vice President & Chief Commercial Officer Conference Call Participants George Gianarikas - Canaccord Genuity Manav Gupta - UBS Eric Stine - Craig-Hallum Ryan Pfingst - B Ri ...
FuelCell Energy (FCEL) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-03-07 17:31
FuelCell Energy (FCEL) reported $16.69 million in revenue for the quarter ended January 2024, representing a year-over-year decline of 55%. EPS of -$0.05 for the same period compares to -$0.05 a year ago.The reported revenue represents a surprise of -26.57% over the Zacks Consensus Estimate of $22.73 million. With the consensus EPS estimate being -$0.08, the EPS surprise was +37.50%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...
FuelCell Energy(FCEL) - 2024 Q1 - Earnings Call Presentation
2024-03-07 15:21
A global leader in electrochemical technology 1,2 163 U.S. patents 368 patents in other covering our fuel jurisdictions covering cell technology our fuel cell technology 43 U.S. patents 124 patents pending in pending other jurisdictions ~600 1969 Employees Founded 188 Modules in 3 Continents Commercial Operation 3 FCEL Listing: HQ Danbury, NASDAQ Connecticut ($M) ...
FuelCell Energy(FCEL) - 2024 Q1 - Quarterly Results
2024-03-06 16:00
Exhibit 99.1 FuelCell Energy Reports First Quarter of Fiscal 2024 Results First Quarter Fiscal 2024 Financial Summary (All comparisons are year-over-year unless otherwise noted) ● Revenues of $16.7 million compared to $37.1 million ● Gross loss of $11.7 million compared to a gross profit of $5.2 million ● Loss from operations of $(42.5) million compared to $(22.5) million ● Net loss per share was $(0.05) in both quarters DANBURY, CT – March 7, 2024 – FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader i ...
FuelCell Energy(FCEL) - 2024 Q1 - Quarterly Report
2024-03-06 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-14204 FUELCELL ENERGY, INC. (Exact name of registrant as specified in its charter) Delaware 06-0853042 (State or other j ...
FuelCell Energy Announces First Quarter of Fiscal 2024 Results Conference Call on March 7, 2024 at 10 A.M. Eastern Time
Newsfilter· 2024-03-01 13:46
DANBURY, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its first quarter of fiscal 2024 results prior to the Stock Market Open on Thursday, March 7, 2024. FuelCell Energy management will subsequently host a conf ...
FuelCell Energy Announces First Quarter of Fiscal 2024 Results Conference Call on March 7, 2024 at 10 A.M. Eastern Time
Globenewswire· 2024-03-01 13:46
DANBURY, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its first quarter of fiscal 2024 results prior to the Stock Market Open on Thursday, March 7, 2024. FuelCell Energy management will subsequently host a con ...
FuelCell Energy Announces Release of Annual and Sustainability Reports Highlighting Business Performance and Progress Towards Sustainability and ESG Goals
Newsfilter· 2024-02-19 13:30
DANBURY, Conn., Feb. 19, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL), a global energy delivery and emission management company, today announced the release of its 2023 Annual Report and its 2023 Sustainability Report. These reports reflect the company's ongoing commitment to accountability and sustainability in all aspects of its operations. 2023 Annual Report The 2023 Annual Report provides stakeholders with a comprehensive overview of FuelCell Energy's financial performance, key milestone ...
Why Is FuelCell Energy (FCEL) Stock Up 10% Today?
InvestorPlace· 2024-02-01 17:43
A global leader in fuel cell platforms, FuelCell Energy (NASDAQ:FCEL) — which focuses on hydrogen generation and power decarbonization through its technology — saw a significant rise in market value on Thursday. With the news front quiet for the company, FCEL stock likely rose in sympathy with Plug Power (NASDAQ:PLUG), a competitor in the broader hydrogen ecosystem.According to Plug’s press release, the company completed the first customer fill of liquid green hydrogen at its Woodbine, Georgia, production p ...
Is a Giant Short Squeeze Brewing in FuelCell (FCEL) Stock?
InvestorPlace· 2024-01-24 20:09
It hasn’t exactly been a good start to the year for FuelCell Energy (NASDAQ:FCEL), as shares of the company have shed 21% year-to-date (YTD), bringing its year-over-year (YOY) loss to 66%. Meanwhile, FuelCell has remained quiet, with its last press release published on Dec. 19 detailing its fourth-quarter and 2023 full-year earnings.The firm’s last company-specific U.S. Securities and Exchange Commission (SEC) filing was posted on Jan. 4. The filing disclosed that FuelCell had agreed to an amendment with it ...