FCEL Stock: Why FuelCell Energy Reported a 40% Drop in Revenue

FuelCell Energy (NASDAQ:FCEL) stock is in the green despite reporting a 42% revenue drop in its fiscal second-quarter earnings. Revenue tallied in at $22.4 million compared to $38.3 million a year ago. Furthermore, FuelCell remains unprofitable with a net loss of $37.65 million compared to a loss of $33.91 million a year ago. Net loss attributable to common stockholders improved to $32.94 million from $35.10 million.The green hydrogen company’s revenue is composed of four segments: service agreements, gener ...