FuelCell Energy GAAP EPS of -$0.07 beats by $0.01, revenue of $22.42M beats by $1.42M
by Contributor since / Followers
5 months ago
FuelCell Energy press release (NASDAQ:FCEL): Q2 GAAP EPS of -$0.07 beats by $0.01.
Revenue of $22.42M (-41.5% Y/Y) beats by $1.42M.
Adjusted EBITDA totaled -$26.5 million in the second quarter of fiscal 2024, compared to Adjusted EBITDA of -$26.0 million in the second quarter of fiscal 2023.
Cash and cash equivalents, restricted cash and cash equivalents, and short-term investments totaled $313.2 million as of April 30, 2024, compared to $403.3 million as of October 31, 2023.
As of April 30, 2024, backlog increased by approximately 3.8% to $1.06 billion, compared to $1.02 billion as of April 30, 2023.