FuelCell Energy reports Q3 revenue decline, net loss; Canaccord Buy at $30
FuelCell Energy reported Q3 revenue of $33.0M and a $45.3M net loss, with a $36.7M adjusted EBITDA shortfall. Canaccord reiterated a Buy with a $30 target, while FuelCell kept a $3.6B backlog and $658.1M liquidity.
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