2023-06-08 07:32:12 ET
- FuelCell Energy press release ( NASDAQ: FCEL ): Q2 GAAP EPS of -$0.09 misses by $0.01 .
- Revenue of $38.3M (+133.8% Y/Y) beats by $11.52M .
- Shares +6.3% PM.
- “For the second quarter of fiscal year 2023, we reported strong revenue growth, with revenue more than double that of the comparable prior year quarter,” said Mr. Jason Few, President and Chief Executive Officer. “Revenue growth in the quarter was largely driven by revenues from long-term service agreements, primarily relating to the new module exchanges at the plant owned by Korea Southern Power Company (“KOSPO”) in Korea that were completed during the quarter.”
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FuelCell Energy GAAP EPS of -$0.09 misses by $0.01, revenue of $38.3M beats by $11.52M