NASDAQ$FCEL
FuelCell Energy Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported a decrease in revenue due to lower service and license revenues and generation revenues, offset by increased advanced technologies contract revenues. Net loss increased due to module replacements and a loss accrual.
FuelCell Energy reported a decrease in revenue and an increased net loss for the third quarter of fiscal year 2020. The company is focused on executing projects, growing its sales pipeline, and managing operating expenses. Results were impacted by module replacements and manufacturing variances.
- Third quarter revenues decreased 18% to $18.7 million.
- Gross loss totaled $(3.1) million, compared to a gross profit of $8.0 million.
- Net loss for the quarter totaled $(15.3) million compared to net loss of $(5.3) million.
- Unrestricted cash and cash equivalents totaled $66.3 million.
Headline financials
Revenue & EPS history
FuelCell Energy · Revenue · Quarterly
$18.7M
Revenue by segment
FuelCell Energy · $18.7M total across 3 segments · Q3 2020
- Generation$9.4M—50.3%
- Advanced Technologies$8.3M—44.4%
- Service$1M-90.9%5.3%
Forward guidance
The company launched the Powerhouse business strategy focused on strengthening operations and position within the clean technology energy industry with the goal of enabling the delivery of sustained profitable growth to benefit all stakeholders.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2020
-2.8%
Avg return
Earnings day
-3.4%
Avg return
5 days after
-5.7%
Avg return
30 days after
30%
20 / 67 earnings
Positive
+29.6%
Q1 2020
Best reaction
-38.9%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -10.4% | -2.1% | — | |
| Q1 2026 | -2.9% | -12.8% | -15.7% | |
| Q4 2025 | +22.5% | +11.3% | +1.8% | |
| Q3 2025 | +23.3% | +62.8% | +134.1% | |
| Q2 2025 | +0.0% | +0.8% | -12.9% | |
| Q1 2025 | +3.6% | -2.4% | -38.4% | |
| Q4 2024 | +6.1% | +5.7% | -2.3% | |
| Q3 2024 | +6.4% | +4.9% | -14.6% | |
| Q2 2024 | +6.1% | -5.7% | -31.0% | |
| Q1 2024 | -7.4% | -13.1% | -7.4% | |
| Q4 2023 | -5.2% | +7.8% | -25.5% | |
| Q3 2023 | -6.3% | -13.9% | -4.9% | |
| Q2 2023 | -2.1% | +17.2% | -12.6% | |
| Q1 2023 | -6.1% | -5.2% | -27.6% | |
| Q4 2022 | -17.2% | -18.1% | -4.0% | |
| Q3 2022 | +6.3% | +3.3% | -22.1% | |
| Q2 2022 | -7.6% | -18.4% | +6.1% | |
| Q1 2022 | +6.2% | -7.1% | -14.7% | |
| Q4 2021 | -9.2% | -1.5% | -37.3% | |
| Q3 2021 | +9.3% | +16.5% | +28.5% | |
| Q2 2021 | -6.1% | -18.3% | -28.6% | |
| Q1 2021 | -7.8% | -12.1% | -43.3% | |
| Q4 2020 | +8.2% | +29.1% | +20.6% | |
| Q3 2020 | -17.5% | -8.0% | -0.4% | |
| Q2 2020 | -0.4% | -7.5% | +20.4% | |
| Q1 2020 | +29.6% | +6.1% | +33.9% | |
| Q4 2019 | -38.9% | -46.5% | -12.5% | |
| Q3 2019 | +6.0% | +0.0% | -22.5% | |
| Q2 2019 | -13.5% | -44.4% | -16.7% | |
| Q1 2019 | -12.7% | -16.7% | -35.4% | |
| Q4 2018 | -6.8% | +0.0% | -19.6% | |
| Q3 2018 | -6.7% | -11.7% | -13.3% | |
| Q2 2018 | -8.9% | -4.7% | -27.1% | |
| Q1 2018 | +6.4% | +5.3% | +5.3% | |
| Q4 2017 | +7.0% | +5.4% | -10.8% | |
| Q3 2017 | -0.7% | +0.0% | +50.7% | |
| Q2 2017 | +1.9% | +5.6% | +15.7% | |
| Q1 2017 | -6.7% | -10.0% | +6.7% | |
| Q4 2016 | -2.6% | -7.7% | -23.1% | |
| Q3 2016 | -0.2% | -3.4% | -1.7% | |
| Q2 2016 | -19.7% | -29.0% | -24.8% | |
| Q1 2016 | -3.1% | — | — | |
| Q4 2015 | -14.5% | — | — | |
| Q3 2015 | +6.3% | — | — | |
| Q2 2015 | -5.7% | — | — | |
| Q1 2015 | +0.8% | — | — | |
| Q4 2014 | -1.9% | — | — | |
| Q3 2014 | -6.9% | — | — | |
| Q2 2014 | -9.1% | — | — | |
| Q1 2014 | -7.1% | — | — | |
| Q4 2013 | -20.8% | — | — | |
| Q3 2013 | +10.6% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | -5.8% | — | — | |
| Q4 2012 | -4.8% | — | — | |
| Q3 2012 | -11.3% | — | — | |
| Q2 2012 | -15.9% | — | — | |
| Q1 2012 | +4.1% | — | — | |
| Q4 2011 | -1.8% | — | — | |
| Q3 2011 | -4.9% | — | — | |
| Q4 2010 | -4.9% | — | — | |
| Q4 2009 | -4.9% | — | — | |
| Q2 2011 | -5.4% | — | — | |
| Q1 2011 | +6.7% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q2 2010 | -9.2% | — | — | |
| Q1 2010 | -5.2% | — | — |
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