FuelCell Energy Q3财报收入同比下滑29%、亏损超预期，盘后数据中心协议未能抵消负面情绪

FuelCell Energy ( FCEL ) fell 16.7% in Wednesday's trading to its lowest in nearly four months after reporting a larger than expected Q3 adjusted loss , citing fewer deliveries in South Korea and the temporary shutdown of a project on a U.S. Navy base. Q3 losses narrowed to $45.3M, or $0.64/share, compared to a loss of $92.5M, or $3.78/share, in the year-earlier quarter, while revenue slumped 29% Y/Y to $33M, primarily due to lower product sales caused by fewer module deliveries to customers in South Korea. Q3 product sales sank to $18M from $26M a year ago, and g eneration revenue fell to $8.8M from $12.4M, primarily due to lower operating output from plants in the company's generation portfolio, as the Groton Project at the Navy's submarine base in Connecticut was not operating during the quarter pending an equipment upgrade. FuelCell ( FCEL ) said its g ross loss from product revenues for the quarter reflects product costs and manufacturing overhead that currently exceed the contractual pricing established under the capital equipment purchase agreement with Fit Energy. FuelCell ( FCEL ) also said it signed its first c apacity reservation agreement with an unnamed data center operator for a planned 75 MW project in Texas after the quarter closed; the planned deployment is expected to consist of six 12.5 MW FuelCell Energy Block systems. "Demand for electricity is accelerating, driven by AI, data centers, and the broader electrification of the economy. With a growing commercial pipeline, expanding manufacturing capacity, and differentiated technology, we believe FuelCell Energy is well positioned to capitalize on these long-term market tailwinds," CEO Jason Few said.