FuelCell Energy Shares Fall After Mixed Q1 Results, Revenue Miss - FuelCell Energy (NASDAQ:FCEL)

FuelCell Energy Shares Fall After Mixed Q1 Results, Revenue Miss - FuelCell Energy (NASDAQ:FCEL)

FuelCell Energy reports 61% revenue growth but misses estimates. Shares fall as investors weigh mixed Q1 results and ongoing losses.

FuelCell Energy (FCEL) Stock Drops 7% Despite Beating Earnings Expectations

TLDR Q4 revenue climbed 61% year-over-year but came in below the $42.66M consensus estimate. Company surpassed earnings expectations: Adjusted loss per share of -$0.52 versus -$0.68 forecast. Adjusted EBITDA loss decreased while margin expanded to -55.8% compared to -111% previously. Total backlog decreased 10.8% to $1.17B, signaling potential headwinds in new orders. Five-year revenue CAGR reaches 19.6%, supported by increasing clean energy ad…