FuelCell Energy rises after Q4 revenue jumps, loss narrows

Shares of renewable power company FuelCell Energy FCEL.O rise 5.1% premarket to $8.3 on Thursday

Co posts Q4 revenue of $55 mln up 12% y/y

Net loss narrows to $29.3 mln, compared with a loss of $39 mln a yr earlier

"Our strategy is deeply focused on the data centre market where we see significant opportunities for our efficient, resilient power solutions," CEO Jason Few says

Co's biggest segment - product - grew 54%, on the back of a long-term service deal with Gyeonggi Green Energy to deliver 10 fuel cell modules for its power platform

Including session's move, FCEL down ~12% YTD