Shares of FuelCell Energy FCEL decreased 7% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were up 61.11% year over year to ($0.07), which missed the estimate of ($0.06).
Revenue of $18,728,000 declined by 17.54% year over year, which beat the estimate of $16,050,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
FuelCell Energy hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Sep 10, 2020
Time: 10:00 AM
Price Action
52-week high: $3.50
52-week low: $0.23
Price action over last quarter: Up 3.15%
Company Profile
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel-cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.