FuelCell Energy GAAP EPS of -$0.07 in-line, revenue of $23.7M beats by $1.16M
by Contributor since / Followers
3 months ago
FuelCell Energy press release (NASDAQ:FCEL): Q3 GAAP EPS of -$0.07 in-line.
Revenue of $23.7M (-7.1% Y/Y) beats by $1.16M.
Adjusted EBITDA totaled -$20.1 million in the third quarter of fiscal 2024, compared to Adjusted EBITDA of -$31.6 million in the third quarter of fiscal 2023.
Cash and cash equivalents, restricted cash and cash equivalents, and short-term investments totaled $326.0 million as of July 31, 2024, compared to $403.3 million as of October 31, 2023.
As of July 31, 2024, backlog increased by approximately 12.6% to $1.20 billion, compared to $1.06 billion as of July 31, 2023.