Bloom Energy Corp. (BE) Misses Q1 EPS by 22c

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Bloom Energy Announces First Quarter 2022 Financial Results

May 5, 2022 4:02 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Bloom Energy Corporation (NYSE: BE) today announced financial results for its first quarter ended March 31, 2022.

First Quarter Highlights

Record first quarter revenue of $201.0 million in 2022 on 375 acceptances. $493.9 million in cash to fund our near-term investments. On-track to add a gigawatt of capacity by 2023. Reaffirming our 2022 financial outlook. Hosting Investor Conference in our new manufacturing facility in Fremont, CA on May 25th.

Commenting on first quarter results, KR Sridhar, founder,... More