Bloom Energy Corp. (BE) Reports Q3 Revs of $233.5M

Bloom Energy Corp. (NYSE: BE) reported Q3 revenue was $233.5 million versus the consensus estimate of $232.01 million.

Commenting on third quarter results, KR Sridhar, Founder, Chairman and CEO, Bloom Energy said:

“We generated record Q3 revenue, delivered meaningful adjusted EBITDA and achieved another quarter of record acceptances. Our primary drivers of success this quarter include installs with new customers in our core industry sectors and expanding relationships with existing customers – which reflects the quality, reliability and cost-effectiveness of our energy solutions. We continue to enable new features of our technology to open new markets and provide additional options for Bloom’s customers and the industry at large at a time when reliable, clean energy sources are in high demand. We are confident that the Bloom Energy Microgrid is the right product, right now to add to the infrastructure.”

For earnings history and earnings-related data on Bloom Energy Corp. (BE) click here.

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