FuelCell Energy, Inc. Stock News

FuelCell Energy reported mixed Q4/FY2024 results with a disappointing gross margin performance somewhat offset by positive cash flow from operations. Common shareholder dilution from open market sales continued unabatedly. Due to weak near-term business prospects, management has decided to reduce investments and lower operating expenses.

FuelCell Energy's NASDAQ: FCEL FQ4 2024 report had plenty of positive details, but the net result was not good. The company struggles to gain traction, losses continue to mount, and short interest grows, likely pushing the market lower.

FuelCell Energy, Inc. (NASDAQ:FCEL ) Q4 2024 Earnings Conference Call December 19, 2024 10:00 AM ET Company Participants Tom Gelston - Investor Relations Jason Few - President & Chief Executive Officer Mike Bishop - Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants George Gianarikas - Canaccord Genuity Saumya Jain - UBS Noel Parks - Tuohy Brothers Dushya...

Fourth Quarter Fiscal 2024 Summary (All comparisons are year-over-year unless otherwise noted) Revenue of $49.3 million, compared to $22.5 million Gross loss of $(10.9) million compared to $(1.5) million Loss from operations of $(41.0) million compared with $(36.4) million Net loss per share was $(2.21) compared with $(2.07) Fiscal Year 2024 Summary (All comparisons are year-over-year unless ot...

FuelCell Energy (FCEL 6.70%) stock jumped 7% through 11:10 a.m. ET Wednesday on what appears to be rather ho-hum news.

DANBURY, Conn., Dec. 11, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- announced the upcoming release of its fourth quarter and fiscal year 2024 results prior to the Stock Market Open on Thursday, December 19, 2024. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Thursday, December 19, 2024, to discuss...

After a strong run for some energy stocks in the fall, the rally fell flat this week with many nuclear and renewable energy stocks dropping.

In 2025 and beyond, you can add “the need for more electricity” to a list of certainties along with death and taxes. In addition to the voracious demand for electricity spawned by artificial intelligence, demand is also being stoked by the anticipation of robust economic growth and weather-related events.