We believe that our innovative Tri-gen system will help Toyota achieve its decarbonization goals by producing emissions-free hydrogen, electricity, and water every day. This marks a significant accomplishment in our technology development in partnership with Toyota. “At this time, we are only waiting on the receipt of the final fire department and related building permits required to fully declare achievement of commercial operations. “We were extremely pleased to announce that we have completed the commissioning of the Toyota Long Beach project, and that our Tri-gen platform is producing power, water and hydrogen that meets the stringent purity specifications required for mobility applications,” added Mr.
“Excluding the revenues generated by the sale of modules to KFC in the prior year quarter, overall revenues in the third quarter were up slightly compared to the prior year quarter.” Jason Few, President and Chief Executive Officer. This was primarily a result of lower product revenues due to the lack of module sales compared to sales in the comparable prior year quarter of replacement modules to Korea Fuel Cell Co., Ltd. “For the third quarter of fiscal year 2023, reported revenues were down versus the comparable prior year quarter. (Nasdaq: FCEL) - a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy - today reported financial results for its third quarter ended July 31, 2023. 11, 2023 (GLOBE NEWSWIRE) - FuelCell Energy, Inc. Net loss per share was $(0.06) compared to $(0.08)ĭANBURY, Conn., Sept.Loss from operations of $(41.4) million compared to $(28.0) million.Gross loss of $(8.2) million compared to $(4.2) million.Revenues of $25.5 million compared to $43.1 million.Third Quarter Fiscal 2023 Financial Highlights (All comparisons are year-over-year unless otherwise noted)
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