FCEL books first commercial data center order; backlog hits $3.6B
FuelCell Energy secured its first commercial data center order, taking backlog to $3.6B and expanding global operations. Q3 revenue fell 29% year-over-year, while cash rose to a record $737M.
Secured first commercial data center order, driving backlog to $3.6B and expanding global operations.
Q3 revenue declined 29% year-over-year, but cash position reached a record $737M.
Targeting positive adjusted EBITDA by Q4 FY2027, with manufacturing expansion fully funded.Based on FuelCell Energy…