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0.00119189511323001 0.00119189511323001 -0.0476758045292015 -0.0381406436233612 -0.0166865315852206 0.0119189511323003 0.0131108462455303 0.00119189511323001
Stock impact report

Bloom Energy Announces First Quarter 2020 Financial Results

Bloom Energy Corporation Class A (BE) 
Last bloom energy corporation class a earnings: 11/7 04:26 pm Check Earnings Report
Company Research Source: Business Wire
Revenue of $156.7 million, an increase of 6.6% versus 1Q19 256 acceptances, 8.9% higher than 1Q19 SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced financial results for the first quarter ended March 31, 2020. The Company has issued a shareholder letter discussing its first quarter 2020 financial results, and it may be accessed on the Investor Relations section of the Company’s website at: https://investor.bloomenergy.com.Key highlights from the first quarter include:Revenue of $156.7 million, GAAP gross margin of 12.7% and net loss of $75.9 million. Excluding stock-based compensation, Bloom achieved 16.2% gross margin and ($9.8) million of Adjusted EBITDA.Q1 acceptances of 256, an 8.9% year-over-year increase. The acceptances during the quarter represented eleven different end customers, across seven industries and two countries.Commenting on first quarter results, KR Sridhar, founder, chairman and CEO, Bloom Energy said:“Despite the impact of Show less Read more
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