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fuelcellenergy NEWS RELEASE FuelCell Energy Reports Results for the Third Quarter of Fiscal 2021 9/14/2021 Third Quarter Fiscal 2021 Highlights ( All comparisons are year - over - year unless otherwise noted ) ● Revenues of $ 26.8 million compared to $ 18.7 million • Gross profit of $ 1.1 million compared to gross loss of $ ( 3.1 ) million • Loss from operations of $ ( 10.6 ) million compared to $ ( 10.8 ) million • Unrestricted cash and cash equivalents of $ 468.6 million as of July 31 , 2021 ● Backlog of $ 1.30 billion as of July 31 , 2021 compared to $ 1.33 billion as of July 31 , 2020 DANBURY , Conn . , Sept. 14 , 2021 ( GLOBE NEWSWIRE ) -- FuelCell Energy , Inc. ( Nasdaq : FCEL ) - a global leader in fuel cell technology - with a purpose of utilizing its proprietary , state - of - the - art fuel cell platforms to enable a world empowered by clean energy - today reported financial results for its third quarter ended July 31 , 2021 and key business highlights . " FuelCell Energy delivered higher revenue in the third fiscal quarter , both sequentially compared to the second fiscal quarter and year over year . We are pleased by the continued execution of our project backlog and the advancement of our strategic agenda in terms of infrastructure , solutions and talent to support our ability to achieve our long - term goals , " said Mr. Jason Few , President and CEO . " We made progress in advancing our inflight projects and combined with an increase in our investment in commercial capabilities and research and development activities , we believe we are positioning FuelCell Energy for long - term growth and sustainable commercial success . " " We are almost two years into our Powerhouse business strategy , and we continue to make progress , " continued 1