Edition:
United States

FuelCell Energy Inc (FCEL.OQ)

FCEL.OQ on NASDAQ Stock Exchange Global Market

1.15USD
28 Apr 2017
Change (% chg)

$-0.45 (-28.12%)
Prev Close
$1.60
Open
$1.05
Day's High
$1.17
Day's Low
$1.00
Volume
1,816,769
Avg. Vol
131,369
52-wk High
$8.87
52-wk Low
$1.00

Latest Key Developments (Source: Significant Developments)

Fuelcell Energy prices $15.4 mln public offering
Friday, 28 Apr 2017 09:25am EDT 

April 28 (Reuters) - Fuelcell Energy Inc :Fuelcell energy prices $15.4 million public offering of common stock and warrants.Fuelcell energy inc - prices $15.4 million public offering of common stock at price of $1.28 per share.Fuelcell energy inc - series c warrants have an exercise price of $1.60 per share and series d warrants have an exercise price of $1.28 per share.  Full Article

FuelCell Energy reports public offering of common stock and warrants
Thursday, 27 Apr 2017 04:05pm EDT 

April 27 (Reuters) - FuelCell Energy Inc ::FuelCell Energy Inc - intends to use proceeds from this offering for project development, project financing, working capital and general corporate purposes.FuelCell - series d warrants are expected to be immediately exercisable and have a term of one year.FuelCell announces proposed public offering of common stock and warrants.  Full Article

Fuelcell Energy announces grid resiliency project with PSEG Long Island
Wednesday, 5 Apr 2017 08:30am EDT 

Fuelcell Energy Inc : Announces grid resiliency project with PSEG Long Island .Supplying predictable power to PSEG Long Island electrical substation under clean renewable energy fit II via multi-year power purchase agreement.  Full Article

Fuelcell Energy Q1 loss per share $0.39
Thursday, 9 Mar 2017 07:00am EST 

Fuelcell Energy Inc : Fuelcell Energy reports first quarter 2017 financial results and business update . Q1 loss per share $0.39 . Q1 revenue $17 million versus I/B/E/S view $19.3 million . Q1 earnings per share view $-0.32 -- Thomson Reuters I/B/E/S .Total backlog was $437.3 million as of January 31, 2017 compared to $403.9 million as of January 31, 2016.  Full Article

Fuelcell Energy reports fourth quarter 2016 financial results
Thursday, 12 Jan 2017 07:00am EST 

Fuelcell Energy Inc : Fuelcell Energy reports fourth quarter 2016 financial results and business update . Q4 loss per share $0.41 . Q4 revenue $24.5 million versus I/B/E/S view $23.6 million . Q4 earnings per share view $-0.37 -- Thomson Reuters I/B/E/S .Fuelcell Energy Inc- total backlog was $432.3 million as of October 31, 2016 compared to $381.4 million as of October 31, 2015.  Full Article

Fuelcell Energy reports reduction of workforce
Thursday, 1 Dec 2016 07:00am EST 

Fuelcell Energy Inc : Fuelcell Energy provides business update . Sees FY 2016 revenue $107 million to $109 million . Total of 96 positions, or approximately 17 percent of global workforce, was impacted . Workforce reduced at both North American production facility in Torrington, Connecticut, corporate offices in Danbury,remote locations . Company is implementing other measures to reduce operating costs by at least $6 million on an annualized basis . Personnel-related restructuring charge of about $3 million will be incurred in fiscal 2017 . Production rate reduced to 25 mw annually, from 50 mw annually, in order to position for delays in anticipated order flow . Contracted backlog as of October 31, 2016 totaled in excess of $400 million .Production rate has been reduced to 25 megawatts annually; production level is anticipated to be temporary.  Full Article

Fuelcell Energy says notified by CT Energy that Beacon Falls Energy project not selected for negotiations under RFP
Tuesday, 25 Oct 2016 09:10am EDT 

Fuelcell Energy Inc : Fuelcell energy inc - notified by ct energy & technology llc that beacon falls energy project was not selected for contract negotiations under rfp . Fuelcell energy inc - not received any notification regarding status of any of previously disclosed four bids submitted to state of connecticut . Fuelcell energy- according to deep disclosures related to that rfp, decisions from state of connecticut are expected by end of jan 2017- sec filing Further company coverage: [FCEL.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Fuelcell Energy - Construction to commence in fall for megawatt fuel cell plant in Connecticut
Tuesday, 6 Sep 2016 08:49am EDT 

Fuelcell Energy Inc :Construction to commence in fall 2016 for 3.7 megawatt fuel cell plant in Connecticut, USA.  Full Article

FuelCell Energy announces pricing of $40 mln registered direct offering
Thursday, 7 Jul 2016 06:14am EDT 

FuelCell Energy Inc : FuelCell energy announces pricing of $40 million registered direct offering of common stock and warrants . Entered into agreement with single institutional investor to sell equivalent of 6.9 million shares of common stock at $5.83/share .Entered into agreement with a single institutional investor to sell warrants to purchase up to an aggregate of 8.2 million shares of co.  Full Article

Fuelcell Energy reports Q2 loss per share $0.56
Wednesday, 8 Jun 2016 06:15pm EDT 

Fuelcell Energy Inc : Fuelcell Energy reports second quarter 2016 financial results and business update . Q2 loss per share $0.56 . Q2 earnings per share view $-0.40 -- Thomson Reuters I/B/E/S . Q2 revenue $28.6 million versus I/B/E/S view $35 million . New $25 million debt facility to further support project development activities .Total backlog was $410.7 million as of April 30, 2016 compared to $312.2 million as of April 30, 2015.  Full Article

More From Around the Web

BRIEF-Fuelcell Energy announces grid resiliency project with PSEG Long Island

* Supplying predictable power to PSEG Long Island electrical substation under clean renewable energy fit II via multi-year power purchase agreement Source text for Eikon: Further company coverage: