share_log

8-K: FuelCell Energy Reports Second Quarter of Fiscal 2024 Results Second Quarter Fiscal 2024 Summary

8-K: FuelCell Energy Reports Second Quarter of Fiscal 2024 Results Second Quarter Fiscal 2024 Summary

8-K:FuelCell Energy公佈2024財年第二季度業績2024財年第二季度摘要
美股SEC公告 ·  2024/06/10 19:38

Moomoo AI 已提取核心訊息

FuelCell Energy reported Q2 FY2024 revenue of $22.4 million, down 42% YoY from $38.3 million, primarily due to fewer module exchanges in service agreements. Generation revenue increased 67% to $14.1 million, while Advanced Technologies revenue rose to $6.9 million. The company posted a net loss of $37.7 million, or $0.07 per share.Gross loss widened to $7.1 million, impacted by $2.6 million in Toyota Project costs and $2.3 million in natural gas contract mark-to-market losses. Operating expenses increased to $34.3 million, with R&D expenses rising to $16.6 million for development of solid oxide platforms and carbon solutions.The company maintained a strong liquidity position with $313.2 million in cash, restricted cash and short-term investments. Backlog grew 3.8% YoY to $1.06 billion. Post-quarter, FuelCell secured a $159.6 million agreement with GGE to supply 42 upgraded fuel cell modules and services in Korea.
FuelCell Energy reported Q2 FY2024 revenue of $22.4 million, down 42% YoY from $38.3 million, primarily due to fewer module exchanges in service agreements. Generation revenue increased 67% to $14.1 million, while Advanced Technologies revenue rose to $6.9 million. The company posted a net loss of $37.7 million, or $0.07 per share.Gross loss widened to $7.1 million, impacted by $2.6 million in Toyota Project costs and $2.3 million in natural gas contract mark-to-market losses. Operating expenses increased to $34.3 million, with R&D expenses rising to $16.6 million for development of solid oxide platforms and carbon solutions.The company maintained a strong liquidity position with $313.2 million in cash, restricted cash and short-term investments. Backlog grew 3.8% YoY to $1.06 billion. Post-quarter, FuelCell secured a $159.6 million agreement with GGE to supply 42 upgraded fuel cell modules and services in Korea.
2024年6月10日,燃料電池能源公司發佈了截至2024年4月30日的2024財年第二季度財務結果。公司報告稱,營業收入從上年同期的3830萬美元下降到了2240萬美元。毛虧損從610萬美元增至710萬美元,營運虧損從3590萬美元增加到了4140萬美元。每股淨虧損由0.09美元降至0.07美元。燃料電池能源強調了其持續專注於其動力業務策略,包括與埃克森美孚技術和工程公司更新的聯合開發協議,用於碳捕集技術,以及與阿梅雷斯克公司的新合作伙伴關係。公司還報告了發電組合收入增長了67%的情況,並宣佈與京畿綠色能源有限公司的升級燃料電池模塊和維護服務協議的重大新積壓訂單約1.6億美元。截至2024年4月30日,現金、限制現金和短期投資總額爲3.132億美元,低於2023年10月31日的4.033億美元。與上年同期相比,公司的積壓訂單增加了約3.8%,達到10.6億美元。燃料電池能源還召開了電話會議,討論季度業績和業務亮點。
2024年6月10日,燃料電池能源公司發佈了截至2024年4月30日的2024財年第二季度財務結果。公司報告稱,營業收入從上年同期的3830萬美元下降到了2240萬美元。毛虧損從610萬美元增至710萬美元,營運虧損從3590萬美元增加到了4140萬美元。每股淨虧損由0.09美元降至0.07美元。燃料電池能源強調了其持續專注於其動力業務策略,包括與埃克森美孚技術和工程公司更新的聯合開發協議,用於碳捕集技術,以及與阿梅雷斯克公司的新合作伙伴關係。公司還報告了發電組合收入增長了67%的情況,並宣佈與京畿綠色能源有限公司的升級燃料電池模塊和維護服務協議的重大新積壓訂單約1.6億美元。截至2024年4月30日,現金、限制現金和短期投資總額爲3.132億美元,低於2023年10月31日的4.033億美元。與上年同期相比,公司的積壓訂單增加了約3.8%,達到10.6億美元。燃料電池能源還召開了電話會議,討論季度業績和業務亮點。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息