Bloom Energy Corp. (BE) Q2 Revenues Beat; Not Providing Guidance

Bloom Energy Corp. (NYSE: BE) reported Q2 revenue of $187.9 million versus the consensus estimate of $171.22 million.

“Our business grew in Q2 2020 with acceptances increasing 19.5% sequentially from Q1 2020. Now, more than ever, it is apparent how vulnerable the entire economy is to disruptions that impact the production and distribution of goods and services. Our business has proven to be resilient and our products offer resilience. We remain focused on delivering reliable, localized power solutions to the world. We will continue the push to innovate and execute while reimagining future operating models that will sustainably power communities.”

GUIDANCE:

Due to the uncertainties resulting from the global economic impact of the coronavirus (\"COVID-19\"), Bloom Energy will not be providing guidance for the third quarter of 2020.

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

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