Bloom Energy Corp. (BE) Misses Q3 EPS by 7c, Misses on Revenue; Offers FY24 Revenue Guidance
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Bloom Energy Reports Third Quarter 2024 Financial Results
November 7, 2024 4:30 PM ESTReiterating 2024 Financial Guidance
Announcing Worlds Largest Fuel Cell Installation
SAN JOSE, Calif.--(BUSINESS WIRE)-- Bloom Energy Corporation (NYSE: BE) reported today its financial results for the third quarter ended September 30, 2024. The company reported revenue of $330.4 million for the third quarter of 2024.
Third Quarter Highlights
Revenue of $330.4 million in the third quarter of 2024, a decrease of 17.5% year-over-year. Gross margin of 23.8% in the third quarter of 2024, an increase of 25.1 percentage points year-over-year; Non-GAAP gross margin of 25.2% in the third... More