FuelCell Reports Second Quarter of Fiscal 2025 Results 07/06/2025 16:37 |
![]() Descrizione al grafico: Second Quarter Fiscal 2025 Summary
(All comparisons are year-over-year unless otherwise noted)
Revenue of $37.4 million, compared to $22.4 million, an increase of approximately 67%
Gross loss of $(9.4) million compared to $(7.1) million, an increase of approximately 33%
Loss from operations of $(35.8) million compared with $(41.4) million, a decrease of approximately 13%
Net loss per share was $(1.79) compared with $(2.18), a decrease of approximately 18%
Backlog of $1.26 billion, compared to $1.06 billion, an increase of approximately 19% Descrizione per watch list o operatività : Announcing restructuring plan to reduce operating expenses by 30% on an annualized basis compared to operating expenses incurred in fiscal year 2024
Focusing commercial efforts on carbonate-based distributed generation, including data center, grid resilience and reliability, and carbon recovery applications
Refocusing solid oxide development efforts on electrolysis validation and demonstration – pausing R&D activity
Addition of Mike Hill as Chief Commercial Officer
DANBURY, Conn., June 06, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) today reported financial results for its second quarter ended April 30, 2025. |