FuelCell Energy reports third quarter fiscal 2019 results

FuelCell Energy, Inc., has reported financial results for its third quarter (Q3) ended 31stJuly (2019).

The fuel cell power company reported a total revenue of $22.7m in the quarter, up $10.6m, or 88%, from Q3 2018.

Commenting on the results, Jason Few, President and CEO of FuelCell Energy said, “FuelCell Energy had a dynamic Q3 of 2019.”

“The company focused on numerous restricting and improvement initiatives, resulting in an improved balance sheet, a leaner spending profile, and a reinvigorated team.”

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