What's Going On With FuelCell (FCEL) Shares
Portfolio Pulse from Henry Khederian
FuelCell Energy Inc (FCEL) shares are down 3.25% after the company reported Q2 FY23 revenues of $38.35 million, surpassing estimates, but also disclosed a wider EPS loss of 9 cents and an expanded operating loss of $35.86 million.
June 09, 2023 | 6:46 pm
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FuelCell Energy's stock price is down 3.25% due to wider EPS loss and expanded operating loss, despite higher Q2 FY23 revenues.
FuelCell Energy reported Q2 FY23 revenues of $38.35 million, beating estimates, but also disclosed a wider EPS loss of 9 cents and an expanded operating loss of $35.86 million. The negative financial results are likely to have a short-term negative impact on the stock price, as evidenced by the 3.25% decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100