Tag Archives: HYGS

FuelCell Energy Q4 Earnings: Well Positioned for Project Delivery

Small cap fuel cell stockFuelCell Energy Inc (NASDAQ: FCEL) reported Q4 and fiscal year ended October 31, 2017 earningswithQ4 total revenuesbeing $47.9 million versus $24.5 million:

Product sales totaled $39.9 million versus $8.4 million. The increase primarily reflects partial deliveries under a 20 megawatt order to a South Korean construction company for a utility project to be owned by Korea Southern Power Company, with deliveries beginning in the fourth quarter of 2017 and concluding in the first quarter of 2018. Service agreements and license revenue totaled $2.7 million versus....More>>>