FuelCell Energy: Relentless Dilution Bodes Well For Preferred Stockholders
FCELFuelCell Energy(FCEL) Seeking Alpha·2024-06-12 10:14
Fahroni/iStock via Getty ImagesNote: I have covered FuelCell Energy, Inc. or "FuelCell Energy" (NASDAQ:FCEL, OTCPK:FCELB) previously, so investors should view this as an update to my earlier articles on the company. Uninspiring Q2/FY2024 Results On Monday, FuelCell Energy reported another set of uninspiring quarterly results with substantially negative gross margins and sizeable cash burn: Company Press Releases / Regulatory FilingsNegative free cash flow of $51 million was partially offset by $13 milli ...