Fuel Cell Energy (FCEL +24.3%), a maker of stationary fuel cells, soars after reporting FQ3...

|By:, SA News Editor

Fuel Cell Energy (FCEL +24.3%), a maker of stationary fuel cells, soars after reporting FQ3 revenue of $31.2M (+65% Y/Y) and EPS of -$0.07, beating consensus by $2.2M and $0.02. The company's backlog stood at $230.6M as of 7/31, up 70% Q/Q. 2011 cash burn is expected to be at the low end of a prior guidance range of $24M-$32M.