Bloom Energy Corp. (BE) PT Raised to $22 at Evercore ISI
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Bloom Energy Reports Second Quarter 2024 Financial Results
August 8, 2024 4:06 PM EDTReiterating 2024 financial guidance
SAN JOSE, Calif.--(BUSINESS WIRE)-- Bloom Energy Corporation (NYSE: BE) reported today its financial results for the second quarter ended June 30, 2024. The company reported revenue of $335.8 million for the second quarter of 2024.
Second Quarter Highlights
Revenue of $335.8 million in the second quarter of 2024, an increase of 11.5% year-over-year. Gross margin of 20.4% in the second quarter of 2024, an increase of 1.7 percentage points year-over-year; Non-GAAP gross margin of 21.8% in the second quarter of 2024, an increase of 1.4 percentage points year-over-year. Operating loss of... More