Bloom Energy Corp. (NYSE: BE) reported Q1 revenue $156.7 million versus the consensus estimate of $151.81 million.

“Despite the impact of COVID-19, our business showed strength in the first quarter of 2020. We continued to grow acceptances, up 8.9% YoY, driven by existing customers increasing their Bloom Energy Server footprint, as well as new acceptances in technology, media and telecommunications, and other industries. The high value of resilient power is more evident now than ever, and we are well-positioned, as operations begin to normalize, to capitalize on this trend with our unique solutions.”

GUIDANCE:

Outlook for Q2 of FY20:

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

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