Last week, FuelCell Energy reported another set of uninspiring quarterly results with persistently high cash usage. Unrestricted cash of $177 million dropped to a new multi-year low. New cost reduction initiatives will result in abandoning of the company's solid oxide fuel cell platform, with the move expected to result in substantial impairment charges.
FuelCell Energy, Inc. (NASDAQ:FCEL ) Q2 2025 Earnings Conference Call June 6, 2025 10:00 AM ET Company Participants Jason B. Few - President, CEO & Director Michael S.
Renewable power company FuelCell Energy said on Friday it had laid off 22% of its workforce, as part of a global restructuring plan to reduce its operating expenses by 30% annually.
Second Quarter Fiscal 2025 Summary (All comparisons are year-over-year unless otherwise noted) Revenue of $37.4 million, compared to $22.4 million, an increase of approximately 67% Gross loss of $(9.4) million compared to $(7.1) million, an increase of approximately 33% Loss from operations of $(35.8) million compared with $(41.4) million, a decrease of approximately 13% Net loss per share was ...
FuelCell Energy, Inc.'s fundamentals are disastrous: huge losses, collapsing revenue, and no signs of improvement—this is not a turnaround story for value investors. Despite the poor performance, FCEL's strong cash position and low debt reduce bankruptcy risk, making it a potential short-squeeze candidate. Massive short interest, meme potential, and management's buzzword-heavy narrative create ...
LONG BEACH, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (FuelCell Energy) and Toyota Motor North America (TMNA) today announced that the first-of-its-kind “Tri-gen” facility at the Port of Long Beach has received the U.S. Department of Energy's 2025 Better Project Award. The Better Project Award recognizes accomplishments at individual facilities for innovative and industry-l...
FuelCell Energy's profitability issues persist despite growth in Power Purchase Agreements and pilot projects, leading to an 80% stock crash and 33% share dilution. Hydrogen's challenges differ from solar and wind; fundamental chemical issues hinder cost reduction and reliability, making hydrogen investments speculative. Preferred shares performed better, falling only 11%, but the structural is...
FuelCell Energy reported mixed Q1/FY2025 results, with revenue underperformance partially offset by a slight top-line beat. While recent restructuring initiatives have resulted in somewhat reduced operating expenses, the company continues to burn substantial amounts of cash. While management highlighted the company's data center opportunity, there won't be any material revenues from these effor...
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