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via finance.yahoo.comBusiness & Companies

Bloom Energy closes Q3 with 1.24 billion dollar revenue and earnings above expectations

FROM THE WIRE · FINANCE.YAHOO.COM

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Bloom Energy Corp. (BE) on Thursday reported third-quarter net income of $250.3 million, after reporting a loss in the same period a year earlier. The San Jose, California-based company said it had profit of 78 cents per share.…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results above consensus with revised annual guidance, directly relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bloom Energy reported third-quarter net income of 250.3 million dollars, after a loss a year earlier.
  2. 02Adjusted earnings were 94 cents per share, against an average analyst estimate of 71 cents.
  3. 03For the full year the company expects earnings of 3.10 to 3.40 dollars per share and revenue of 4.4 to 4.6 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Bloom Energy CorporationBEStock217.77 USDMarket closedtoday -8.70%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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