Shares of FuelCell Energy Inc. rose 1.4% in premarket trading Monday, after the fuel cell technology company reported a fiscal third-quarter loss that was...
Shares of FuelCell Energy Inc.
rose 1.4% in premarket trading Monday, after the fuel cell technology company reported a fiscal third-quarter loss that was narrower than expected but revenue that fell more than forecast, due primarily to lower product revenue. For the quarter to July 31, net losses narrowed to $25.1 million, or 6 cents a share, from $30.2 million, or 8 cents a share, in the year-ago period. That beat the FactSet per-share loss consensus of 8 cents. Revenue dropped 40.8% to $25.
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