FuelCell Energy

FuelCell Energy, Inc. engages in the development, design, production, construction and servicing of high temperature fuel cells for clean electric power generation. It develops turn-key distributed power generation solutions and provides comprehensive services for the life of the power plant. The firm's fuel cell solution is an alternative to traditional combustion-based power generation and is complementary to an energy mix consisting of intermittent sources of energy, such as solar and wind turbines. It provides solutions for various applications, including utility-scale distributed generation, on-site power generation, combined heat and power, distributed hydrogen, carbon capture and hydrogen-based long duration storage. The company's platform has the differentiating ability to do all these applications utilizing multiple sources of fuel including natural gas, renewable biogas, and propane among others sources. The company was founded in 1969 and is headquartered in Danbury, CT.

Earnings data Q4 2023

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FuelCell Energy, Inc. engages in the research, development, and clean technology manufacturing of stationary fuel cell energy platforms that decarbonize power and produce hydrogen. The firm’s product portfolio is based on two electrochemical platforms, carbonate and solid oxide. Both platforms can support power generation and combined heat and power applications using a variety of fuels, including natural gas, renewable biogas, and hydrogen. The carbonate platforms can also capture CO2 from an external source, utilizing the flue stream of a power plant or an industrial boiler as a replacement for traditional air intake. The solid oxide platform can operate on pure hydrogen fuel. The company was founded by Bernard Baker and Martin Klein in 1969 and is headquartered in Danbury, CT.

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FuelCell Energy (NASDAQ: FCEL ) stock is rising higher on Tuesday after the fuel cell energy company announced a collaboration with IBM (NYSE: IBM ). This agreement between the two companies will see them make use of Foundation Models to improve the performance of FuelCell Energy's technology.

FCEL Stock Alert: FuelCell Energy Announces AI Deal With IBM

ZURICH, Switzerland, Nov. 28, 2023 (GLOBE NEWSWIRE) -- IBM and FuelCell Energy, Inc. (Nasdaq: FCEL) today announced they will work together to boost the performance of FuelCell Energy's technology using Foundation Models, a form of generative Artificial Intelligence (AI). The aim of this collaboration is to support both companies' efforts to lead a global transition to renewable energy sources that emit little to no carbon.

IBM, FuelCell Energy to Use AI in Effort to Forge Longer-Life Fuel Cell Systems

FuelCell Energy, Inc. shares have fallen drastically since their peak in 2021, despite huge government funding in the alt-energy space. The company reported a less than expected GAAP loss in the third quarter. A sign the company might be on a verge of a turnaround?  An analysis of FuelCell Energy, Inc. follows in the paragraphs below.

FuelCell Energy: Another Casualty Of Fading Enthusiasm In The Alt-Energy Space

DANBURY, Conn., Nov. 16, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), the Connecticut-based global leader in state-of-the-art fuel cell platforms, celebrated the opening of its newest clean energy project at a “cable cutting” ceremony in Derby.

FuelCell Energy Delivers Fuel Cell Power to Derby as Part of Connecticut Clean Energy Initiatives

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FuelCell (NASDAQ: FCEL ) stock is in the news Wednesday as investors learn that the fuel cell energy company will be taking part in a UK study. According to a press release from FuelCell, it has been contracted by EDF Energy to take part in a study evaluating hydrogen and nuclear energy.

FCEL Stock Alert: FuelCell to Participate in U.K. Hydrogen Study

DANBURY, Conn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has been contracted by EDF Energy for a project exploring the viability of using hydrogen to decarbonize asphalt production.

FuelCell Energy Electrolyzer to be used in UK Hydrogen and Nuclear Study

FuelCell Energy has a partner in Africa to build a hydrogen plant. The company is struggling to grow sales and diluting shareholder wealth, making it a risky stock.

Why FuelCell Energy Stock Is Charging Higher Today

FuelCell Energy (NASDAQ: FCEL ) is rising today after receiving an important award. One of the fuel cell technology company's projects has received the Independent Electricity System Hydrogen Innovation Fund Award from Ontario's government.

FCEL Stock: FuelCell Energy Bags Hydrogen Award

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FuelCell Energy's (FCEL) fiscal Q3 sales beat estimates. The company benefits from expanding business operations and higher acceptance of FuelCell Power platforms.

FuelCell (FCEL) Q3 Loss Narrower Than Expected, Sales Fall

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FuelCell Energy, Inc. (NASDAQ:FCEL ) Q3 2023 Results Conference Call September 11, 2023 10:00 AM ET Company Participants Tom Gelston - Senior Vice President, Finance, and Investor Relations Jason Few - President and CEO Mike Bishop - Executive Vice President and, Chief Financial Officer, and Treasurer Conference Call Participants George Gianarikas - Canaccord Genuity Manav Gupta - UBS Ryan Pfingst - B. Riley Securities Eric Stine - Craig-Hallum Noel Parks - Tuohy Brothers Operator Good morning.

FuelCell Energy, Inc. (FCEL) Q3 2023 Earnings Call Transcript

FuelCell (NASDAQ: FCEL ) stock is falling on Monday after the company disappointed investors with revenue results in its latest earnings report. The bad news here is the company's revenue of $25.5 million during the third quarter of 2023.

FCEL Stock Alert: FuelCell Just Waved a Big Revenue Red Flag

FuelCell Energy (FCEL) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.08 per share a year ago.

FuelCell Energy (FCEL) Reports Q3 Loss, Tops Revenue Estimates

FuelCell Energy (NASDAQ:FCEL) reported a smaller-than-expected loss for the fiscal third quarter as well as a year-over-year drop in revenue attributed to a lack of module sales.   For the quarter ended July 31, 2023, the fuel cell technology platform manufacturer reported revenue of $25.5 million, down from $43.1 million in the year-ago quarter but ahead of the Street estimate of $25.2 million, according to Zacks Consensus Estimate.

FuelCell Energy narrows 3Q loss as revenue dips on lack of module sales

FuelCell posts a fiscal third-quarter loss of 6 cents a share on revenue of $25.5 million.

FuelCell Posts Narrower-Than-Expected Loss but Revenue Slides 41%

Shares of FuelCell Energy Inc. FCEL, -1.37% rose 1.4% in premarket trading Monday, after the fuel cell technology company reported a fiscal third-quarter loss that was narrower than expected but revenue that fell more than forecast, due primarily to lower product revenue. For the quarter to July 31, net losses narrowed to $25.1 million, or 6 cents a share, from $30.2 million, or 8 cents a share, in the year-ago period.

FuelCell Energy stock gains after reported losses were narrower than expected

Third Quarter Fiscal 2023 Financial Highlights (All comparisons are year-over-year unless otherwise noted)

News for FuelCell Energy Stock (FCEL)