FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Is Still Falling. -- Barrons.com-To The Moon - Tiger Brokers Online Investing Community - To The Moon

2
1
Favorite

FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Is Still Falling. -- Barrons.com

Dow Jones2022-09-08

By Angela Palumbo

FuelCell Energy shares traded lower Thursday as the producer of units that make electricity from hydrogen posted a wider-than-expected loss.

For its fiscal third quarter that ended on July 31, FuelCell (ticker: FCEL) reported a loss of 8 cents a share for the quarter, wider than analysts estimates of a loss of 6 cents a share.

It also reported the strongest revenue growth in five years at of $43.1 million. That was higher than analysts estimates of $35.8 million, according to FactSet.

Operating expenses for the third quarter increased to $23.8 million compared to $11.7 million in the same period of 2021. The total cost of revenue was $47.3 million.

FuelCell said that there was an increase in marketing and consulting costs because it raised headcount for "rebranding and accelerating its sales and commercialization efforts."

Chief Executive Jason Few voiced his support of the Inflation Reduction Act that President Joe Biden signed into law in August.

"The Inflation Reduction Act is supportive of potential customers making investments utilizing our solutions," he said.

Shares of FuelCell were down 4.2% Thursday to $3.82. The stock has fallen 26% this year.

Write to Angela Palumbo at angela.palumbo@dowjones.com

(END) Dow Jones Newswires

September 08, 2022 10:24 ET (14:24 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

2

Report

Comment（1）

HappyTrade
·2022-09-09
OK
Reply
Like
Report

Most Discussed

7x24

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2265898619?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-09-08 22:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2265898619","market":"us","top_or_hot":-1,"title":"FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Is Still Falling. -- Barrons.com","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nBy Angela Palumbo \n</pre>\n<p>\n     FuelCell Energy shares traded lower Thursday as the producer of units that make electricity from hydrogen posted a wider-than-expected loss. \n</p>\n<p>\n     For its fiscal third quarter that ended on July 31, FuelCell (ticker: FCEL) reported a loss of 8 cents a share for the quarter, wider than analysts estimates of a loss of 6 cents a share. \n</p>\n<p>\n     It also reported the strongest revenue growth in five years at of $43.1 million. That was higher than analysts estimates of $35.8 million, according to FactSet. \n</p>\n<p>\n     Operating expenses for the third quarter increased to $23.8 million compared to $11.7 million in the same period of 2021. The total cost of revenue was $47.3 million. \n</p>\n<p>\n     FuelCell said that there was an increase in marketing and consulting costs because it raised headcount for \"rebranding and accelerating its sales and commercialization efforts.\" \n</p>\n<p>\n     Chief Executive Jason Few voiced his support of the Inflation Reduction Act that President Joe Biden signed into law in August. \n</p>\n<p>\n     \"The Inflation Reduction Act is supportive of potential customers making investments utilizing our solutions,\" he said. \n</p>\n<p>\n     Shares of FuelCell were down 4.2% Thursday to $3.82. The stock has fallen 26% this year. \n</p>\n<p>\n     Write to Angela Palumbo at angela.palumbo@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 08, 2022 10:24 ET (14:24 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Is Still Falling. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Is Still Falling. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 22:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Angela Palumbo \n\n\n     FuelCell Energy shares traded lower Thursday as the producer of units that make electricity from hydrogen posted a wider-than-expected loss. \n\n\n     For its fiscal third ...</p>\n\n<a href=\"http://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FCEL","symbol_name":"燃料电池能源","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2265898619","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2265898619","pubTimestamp":1662647040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"By Angela Palumbo \n\n\n     FuelCell Energy shares traded lower Thursday as the producer of units that","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"FCEL":"燃料电池能源"},"translate_title":"FuelCell公布了5年来最强劲的季度收入。股票还在下跌。--Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FCEL":1},"content_text":"By Angela Palumbo \n\n\n     FuelCell Energy shares traded lower Thursday as the producer of units that make electricity from hydrogen posted a wider-than-expected loss. \n\n\n     For its fiscal third quarter that ended on July 31, FuelCell (ticker: FCEL) reported a loss of 8 cents a share for the quarter, wider than analysts estimates of a loss of 6 cents a share. \n\n\n     It also reported the strongest revenue growth in five years at of $43.1 million. That was higher than analysts estimates of $35.8 million, according to FactSet. \n\n\n     Operating expenses for the third quarter increased to $23.8 million compared to $11.7 million in the same period of 2021. The total cost of revenue was $47.3 million. \n\n\n     FuelCell said that there was an increase in marketing and consulting costs because it raised headcount for \"rebranding and accelerating its sales and commercialization efforts.\" \n\n\n     Chief Executive Jason Few voiced his support of the Inflation Reduction Act that President Joe Biden signed into law in August. \n\n\n     \"The Inflation Reduction Act is supportive of potential customers making investments utilizing our solutions,\" he said. \n\n\n     Shares of FuelCell were down 4.2% Thursday to $3.82. The stock has fallen 26% this year. \n\n\n     Write to Angela Palumbo at angela.palumbo@dowjones.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 08, 2022 10:24 ET (14:24 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9936154867,"gmtCreate":1662732780159,"gmtModify":1676537129288,"author":{"id":"3561676944889444","authorId":"3561676944889444","name":"HappyTrade","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3561676944889444","authorIdStr":"3561676944889444"},"htmlText":"OK&nbsp;","listText":"OK&nbsp;","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936154867","repostId":2265898619,"repostType":2,"repost":{"id":"2265898619","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1662647040,"share":"https://ttm.financial/m/news/2265898619?lang=&edition=fundamental","pubTime":"2022-09-08 22:24","market":"hk","language":"en","title":"FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Is Still Falling. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2265898619","media":"Dow Jones","summary":"By Angela Palumbo \n\n\n     FuelCell Energy shares traded lower Thursday as the producer of units that","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nBy Angela Palumbo \n</pre>\n<p>\n     FuelCell Energy shares traded lower Thursday as the producer of units that make electricity from hydrogen posted a wider-than-expected loss. \n</p>\n<p>\n     For its fiscal third quarter that ended on July 31, FuelCell (ticker: FCEL) reported a loss of 8 cents a share for the quarter, wider than analysts estimates of a loss of 6 cents a share. \n</p>\n<p>\n     It also reported the strongest revenue growth in five years at of $43.1 million. That was higher than analysts estimates of $35.8 million, according to FactSet. \n</p>\n<p>\n     Operating expenses for the third quarter increased to $23.8 million compared to $11.7 million in the same period of 2021. The total cost of revenue was $47.3 million. \n</p>\n<p>\n     FuelCell said that there was an increase in marketing and consulting costs because it raised headcount for \"rebranding and accelerating its sales and commercialization efforts.\" \n</p>\n<p>\n     Chief Executive Jason Few voiced his support of the Inflation Reduction Act that President Joe Biden signed into law in August. \n</p>\n<p>\n     \"The Inflation Reduction Act is supportive of potential customers making investments utilizing our solutions,\" he said. \n</p>\n<p>\n     Shares of FuelCell were down 4.2% Thursday to $3.82. The stock has fallen 26% this year. \n</p>\n<p>\n     Write to Angela Palumbo at angela.palumbo@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 08, 2022 10:24 ET (14:24 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Is Still Falling. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Is Still Falling. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-08 22:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nBy Angela Palumbo \n</pre>\n<p>\n     FuelCell Energy shares traded lower Thursday as the producer of units that make electricity from hydrogen posted a wider-than-expected loss. \n</p>\n<p>\n     For its fiscal third quarter that ended on July 31, FuelCell (ticker: FCEL) reported a loss of 8 cents a share for the quarter, wider than analysts estimates of a loss of 6 cents a share. \n</p>\n<p>\n     It also reported the strongest revenue growth in five years at of $43.1 million. That was higher than analysts estimates of $35.8 million, according to FactSet. \n</p>\n<p>\n     Operating expenses for the third quarter increased to $23.8 million compared to $11.7 million in the same period of 2021. The total cost of revenue was $47.3 million. \n</p>\n<p>\n     FuelCell said that there was an increase in marketing and consulting costs because it raised headcount for \"rebranding and accelerating its sales and commercialization efforts.\" \n</p>\n<p>\n     Chief Executive Jason Few voiced his support of the Inflation Reduction Act that President Joe Biden signed into law in August. \n</p>\n<p>\n     \"The Inflation Reduction Act is supportive of potential customers making investments utilizing our solutions,\" he said. \n</p>\n<p>\n     Shares of FuelCell were down 4.2% Thursday to $3.82. The stock has fallen 26% this year. \n</p>\n<p>\n     Write to Angela Palumbo at angela.palumbo@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 08, 2022 10:24 ET (14:24 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FCEL":"燃料电池能源"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265898619","content_text":"By Angela Palumbo \n\n\n     FuelCell Energy shares traded lower Thursday as the producer of units that make electricity from hydrogen posted a wider-than-expected loss. \n\n\n     For its fiscal third quarter that ended on July 31, FuelCell (ticker: FCEL) reported a loss of 8 cents a share for the quarter, wider than analysts estimates of a loss of 6 cents a share. \n\n\n     It also reported the strongest revenue growth in five years at of $43.1 million. That was higher than analysts estimates of $35.8 million, according to FactSet. \n\n\n     Operating expenses for the third quarter increased to $23.8 million compared to $11.7 million in the same period of 2021. The total cost of revenue was $47.3 million. \n\n\n     FuelCell said that there was an increase in marketing and consulting costs because it raised headcount for \"rebranding and accelerating its sales and commercialization efforts.\" \n\n\n     Chief Executive Jason Few voiced his support of the Inflation Reduction Act that President Joe Biden signed into law in August. \n\n\n     \"The Inflation Reduction Act is supportive of potential customers making investments utilizing our solutions,\" he said. \n\n\n     Shares of FuelCell were down 4.2% Thursday to $3.82. The stock has fallen 26% this year. \n\n\n     Write to Angela Palumbo at angela.palumbo@dowjones.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 08, 2022 10:24 ET (14:24 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}