fuelcell energy inc on wednesday posted fiscal fourthquarter results that missed wall streets expectations and unveiled plans to boost spending during the current fiscal year the danbury conn developer of cleanenergy technologies reported a loss of 242 million or seven cents a share for the quarter ended oct 31 compared with a deficit of 189 million or eight cents a share a year earlier analysts polled by factset on average had been expecting a quarterly loss of three cents a share revenue fell 18 to 139 million well shy of the 218 million analysts had been expecting fuelcell said it plans to increases investments aimed at achieving longterm growth rather than focusing on shorterterm financial metrics such as revenue growth and adjusted earnings before interest taxes depreciation and amortization the company said it expects capital spending to range from 40 million to 50 million during the current fiscal year up from 64 million in fiscal 2021 and companyfunded researchanddevelopment activities of 45 million to 55 million up from around 113 million fuelcell said it ended fiscal 2021 with 4322 million in unrestricted cash and equivalents along with a backlog of 129 billion shares of fuelcell which closed tuesday at 587 fell nearly 9 in premarket trading wednesday