FuelCell Energy shares fell sharply after its fiscal third-quarter results disclosed a revenue miss, a wider gross loss and approximately $17 million in charges tied to the initial 30-megawatt phase of its Fit Energy agreement. Revenue fell 29% year over year to $33 million, below consensus of about $38.83 million, while the adjusted loss was $0.64 per share versus an expected $0.41 loss. Gross loss widened to $24.5 million from $5.1 million, reflecting a $4 million inventory write-down and $13 million in losses on firm purchase commitments because production costs and manufacturing overhead exceeded contract pricing. Committed backlog reached $1.3 billion, Fit Energy’s option covered up to 350 additional megawatts within an agreement spanning up to 380 megawatts, and the company later signed a reservation agreement for a planned 75-megawatt Texas data-center project. Kirby McInerney LLP is investigating potential federal securities-law claims and other alleged unlawful business practices involving FuelCell and senior management; no lawsuit has been filed.