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Bloom Energy Corp (NYSE:BE) posted financial results for the first quarter after the market close on Tuesday. Here’s a look at the key details from the quarter.
- Bloom Energy shares are experiencing increased attention. What’s driving BE shares?
Bloom Energy Q1 Highlights
Bloom Energy reported first-quarter revenue of $751.05 million, beating analyst estimates of $551.56 million, according to Benzinga Pro. The company reported first-quarter adjusted earnings of 44 cents per share, beating estimates of 13 cents per share.
Total revenue grew 130.4% on a year-over-year basis. Product revenue accounted for $653.3 million of the company’s quarterly revenue, up 208.4% year-over-year.
Bloom Energy ended the quarter with approximately …
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