BE Stock Recent News

Bloom Energy Corporation reported mixed second quarter results. While revenues of $335.8 million came in ahead of consensus expectations, cash usage of $187.5 million increased to a new 12-month high. On the call, management projected positive cash flow from operations for the second half of the year, but full-year cash flow is likely to remain substantially negative. During the quarter, the company bolstered liquidity by issuing an aggregate $402.5 million in new 3% green convertible notes.

Bloom Energy missed on earnings last night but beat solidly on sales. Bloom Energy's sales are growing, its losses are shrinking.

Bloom Energy Corporation (NYSE:BE ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Ed Vallejo - Vice President, Investor Relations KR Sridhar - Founder, Chairman & Chief Executive Officer Dan Berenbaum - Chief Financial Officer Conference Call Participants Andrew Percoco - Morgan Stanley Dushyant Ailani - Jefferies Manav Gupta - UBS James West - Evercore ISI Chris Dendrinos - RBC Capital Markets Martin Malloy - Johnson Rice Chris Senyek - Wolfe Research Noel Parks - Tuohy Brothers Ameet Thakkar - BMO Capital Markets Alex Kania - Marathon Capital Ben Kallo - Baird Pavel Molchanov - Raymond James Skye Landon - Redburn Atlantic Colin Rusch - Oppenheimer Operator Thank you for standing by. My name is Mandeep, and I will be your operator today.

Bloom Energy (BE) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.17 per share a year ago.

Bloom Energy offers data center operations a choice of a carbon-free power source or the use of readily available natural gas. Bloom grew revenue by 11.5% in the second quarter and has announced new data center business.

Bloom Energy (BE) reachead $14.51 at the closing of the latest trading day, reflecting a +0.21% change compared to its last close.

Bloom Energy (BE) closed at $14.48 in the latest trading session, marking no change from the prior day.

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 $15.28, moving +1.33% from the previous trading session.

Bloom Energy (NYSE: BE ) stock is enjoying a strong day in the market so far, up more than 2% as of this writing after announcing a new deal with CoreWeave. What does this mean for Bloom Energy stock?