FuelCell Energy has reported total revenues of $17.8m for Q1, a gross loss of $2.2m compared to Q1 of 2018.
Operating expenses for Q1 totalled $13m compared to $10.2m for the first quarter of 2018. The increase is related to spending to complete the development and construction of the SureSource 4000 plant, as well as higher professional related and sales and marketing expenditures to business activities.
Net loss attributable to common stockholders for Q1 totalled to $33m, or $0.33 per basic and diluted share.
Backlog and project awards
... to continue reading you must be subscribed
