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FuelCell’s 2Q loss climbs

Danbury-based FuellCell Energy said its losses for the quarter ended April 30 deepened by 51 percent, thanks to flat revenue and higher expenses.

The company reported a second-quarter net loss of $16.2 million, or 56 cents per share, compared to a loss of $10.7 million, or 44 cent, in the year-ago quarter.

Revenue was flat at $28.6 million.

FuelCell said its revenue backlog has grown over the year from $312.2 million to $410.7 million.

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