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-0.0116279069767443 -0.00634249471458779 -0.00172304439746312 0.00522198731501061 0.03276955602537 0.00951374207188159 0.0264270613107822 0.0158562367864694
Stock impact report

FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2024 Results [Yahoo! Finance]

FuelCell Energy, Inc. (FCEL) 
Last fuelcell energy, inc. earnings: 3/16 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.fce.com/investors/default.aspx
Company Research Source: Yahoo! Finance
FuelCell Energy reported its fourth quarter and full fiscal year 2024 results, with revenue increasing 120% year-over-year to $49.3 million in the fourth quarter, driven by module sales to Gyeonggi Green Energy Co., Ltd. in South Korea. However, the company reported a gross loss of $10.9 million and a net loss of $39.6 million. For the full fiscal year, revenue decreased 9% to $112.1 million, with a gross loss of $35.9 million and a net loss of $156.8 million. The company also announced a global restructuring plan to reduce operating costs and realign resources, and expects to see a material improvement in revenues for fiscal year 2025. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No FuelCell Energy, Inc. Fourth Quarter Fiscal 2024 Summary (All comparisons are year-over-year u Show less Read more
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