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Start Time: 17:00 January 1, 0000 5:57 PM ET Bloom Energy Corporation (NYSE:BE ) Q3 2024 Earnings Call November 07, 2024, 17:00 PM ET Company Participants KR Sridhar - Founder, Chairman and CEO Dan Berenbaum - CFO Michael Tierney - VP, IR Conference Call Participants Andrew Percoco - Morgan Stanley Manav Gupta - UBS Chris Dendrinos - RBC Capital Markets Noel Parks - Tuohy Brothers Dushyant Ailani - Jefferies Sherif Elmaghrabi - BTIG Ameet Thakkar - BMO Capital Markets Henry Roberts - Truist Securities Martin Malloy - Johnson Rice Chris Senyek - Wolfe Research David Sunderland - Baird Brett Castelli - Morningstar Colin Rusch - Oppenheimer Tim Moore - Clear Street Operator Hello, and welcome to Bloom Energy Third Quarter 2024 Earnings Conference Call. Please note that this call is being recorded.

Bloom Energy (BE) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.09. This compares to earnings of $0.15 per share a year ago.

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) reported today its financial results for the third quarter ended September 30, 2024. The company reported revenue of $330.4 million for the third quarter of 2024. Third Quarter Highlights Revenue of $330.4 million in the third quarter of 2024, a decrease of 17.5% year-over-year. Gross margin of 23.8% in the third quarter of 2024, an increase of 25.1 percentage points year-over-year; Non-GAAP gross margin of 25.2% in the thir.

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell (SOFC) and solid oxide electrolyzer (SOEC) technology, announced an agreement with FPM Development for 20 megawatts (MW) of Bloom's SOFCs across two strategic locations in Los Angeles. The partnership demonstrates Bloom's capability to rapidly add affordable and resilient generational capacity to American utilities. Bloom and FPM are working together to deliver hardware by the end of 2024. The ag.

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell generation (SOFC) and solid oxide fuel cell electrolyzer (SOEC) technologies, today announced a landmark project to deliver fuel cells to the largest single-site installation to date in history. The 80 MW project, developed in partnership with SK Eternix, will power two ecoparks in North Chungcheong Province, South Korea, providing reliable, sustainable energy for critical infrastructure and regi.

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell (SOFC) technology, and Quanta Computer Inc. (TWSE: 2382.TW), a premier Taiwanese electronics manufacturer, announced a major expansion of an existing agreement to power the production of critical hardware serving the AI industry. The new agreement increases the power capacity of Quanta's existing Bloom SOFC installation by more than 150 percent and will circumvent a costly utility interconnection.

Industrials stocks have thrived in the last year amid a rush of spending, much due to the Inflation Reduction Act, the CHIPS and Science Act, and other government support. The benchmark Industrial Select Sector SPDR Fund NYSEARCA: XLI is up more than 36% in the last year as a result.

Bloom Energy (BE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bloom Energy (BE) closed the most recent trading day at $10.14, moving -0.1% from the previous trading session.

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced it will release its third quarter 2024 financial results on November 7, 2024, after market close. Bloom Energy's management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results. Q3 2024 Conference Call and Webcast Date: November 7, 2024 Time: 2 p.m. PT / 5 p.m. ET Duration: 60 minutes Live Dial in: 1 (888) 596-4144 (toll-free) | 1 (6.