Shares of FuelCell Energy Inc.
fell 3.8% in premarket trading Thursday, after the fuel cell technology and hydrogen production company reported fiscal second-quarter revenue that more than doubled and beat expectations by a wide margin, but also a wider-than-expected loss. Net losses for the quarter to April 30 widened to $35.1 million, or 9 cents a share, from $31.0 million, or 8 cents a share, in the year-ago period. That was wider than the FactSet per-share loss consensus of 8 cents. But revenue soared 134.1% to $38.
fell 3.8% in premarket trading Thursday, after the fuel cell technology and hydrogen production company reported fiscal second-quarter revenue that more than doubled and beat expectations by a wide margin, but also a wider-than-expected loss. Net losses for the quarter to April 30 widened to $35.1 million, or 9 cents a share, from $31.0 million, or 8 cents a share, in the year-ago period. That was wider than the FactSet per-share loss consensus of 8 cents. But revenue soared 134.1% to $38.