FuelCell Energy Reports Wider Q2 Loss Amid Groton Navy Impairment, Highlights Growing Sales Pipeline
FuelCell Energy reported a wider fiscal second-quarter loss due to a $42.6 million non-cash impairment related to its Groton Navy project. Despite the loss, adjusted EBITDA improved year-over-year and revenue remained stable at $35.6 million. The company highlighted an expanded sales pipeline of 4 gigawatts with strong focus on data center opportunities.
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