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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.
FuelCell Energy said it secured its first order for FuelCell Energy Blocks for data center applications and lifted committed and awarded capacity backlog to $3.6 billion as of July 31.