FuelCell (FCEL) Reported $1.3B of Committed Backlog and $2.3B of Awarded Capacity Backlog. How Much Can Become Profitable Revenue?

FuelCell Energy, Inc. concluded its fiscal third quarter with $1.296 billion of Committed Backlog, representing a 4.1% increase from $1.245 billion in the prior year. The company defines this metric as definitive, non-cancelable agreements with customers. Additionally, the company reported $2.350 billion of Awarded Capacity Backlog, which represents estimated product and service value associated with 350 megawatts under multiple phases of a capital-equipment purchase agreement with Fit Energy U