MARKET COMPOSITE
BE - Bloom Energy Corp8:00:02 PM 4/25/2024
Price
$9.55
-0.09 (-0.93%)
Bloom Energy is a public company headquartered in San Jose, California. It manufactures and markets solid oxide fuel cells that produce electricity on-site. The company was founded in 2001 and came out of stealth mode in 2010. It raised more than $1 billion in venture capital funding before going public in 2018. Its fuel cells are subsidized by government incentive programs for green energy. As of 2018, Bloom had installed about 300 megawatts worth of fuel cells. Bloom Energy was founded in 2001 under the name Ion America before being renamed Bloom Energy in 2006. The company worked in secret for 8 years before coming out of stealth mode in 2010. According to the San Francisco Chronicle, that year Bloom had "a coming-out party packed with politicians and Silicon Valley elite." The company was featured in 60 minutes and supported by political figures. At that time, Bloom had raised $400 million in funding and had 300 employees.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue341.3MM-11%
Gross Profit92.4MM-1872%
Cost Of Revenue264.5MM-35%
Operating Income12.9MM-112%
Operating Expenses79.5MM-19%
Net Income--
R&D33.6MM-4%
G&A29.9MM-31%
Marketing16MM-20%
Interest Expense150.6MM-321%
Stock Chart

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Stock news

    SAN JOSE, Calif., April 25, 2024--Bloom Energy Corporation (NYSE: BE) today announced it will release its first quarter 2024 financial results on May 9, 2024 after market close. Bloom Energy’s management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results.

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    Berenbaum succeeds CFO Greg Cameron, who is staying with Bloom until mid-May to facilitate the transition.

    SAN JOSE, Calif., April 17, 2024--Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, announced today the appointment of Daniel Berenbaum as Chief Financial Officer, effective April 29, 2024. Berenbaum will succeed Greg Cameron, who will remain with the company until mid-May 2024 to ensure a smooth transition.

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