MARKET COMPOSITE
BEEM - Beam Global8:00:00 PM 5/28/2024
Price
$6.11
-0.12 (-1.93%)
Beam Global, together with its subsidiary, invents, designs, engineers, manufactures, and sells solar powered products and proprietary technology solutions in the United States and internationally. The company focuses on creating renewably energized products for electric vehicle and drone charging, outdoor media and branding, and energy security. It provides electric vehicle autonomous renewable charger (EV ARC) products; transformer, stowable, and HP DC fast charging EV ARC products; media EV ARC products with advertising screen and branding/messaging; autonomous EV ARC motorcycle and bicycle chargers; ARC mobility transportation systems; and Solar Tree direct current fast charger products. The company provides its products for electric vehicle charging infrastructure; out of home advertising platforms; and energy production and disaster preparedness. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in September 2020. Beam Global is headquartered in San Diego, California.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue14.6MM-27%
Gross Profit1.5MM-
Cost Of Revenue13.1MM-33%
Operating Income-3MM-41%
Operating Expenses4.5MM-18%
Net Income-3MM-40%
Interest Expense4K-33%
Stock Chart

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Stock news

    Conference Call Tuesday, May 21, 2024 at 4:30 p.m. ETSAN DIEGO, May 21, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the “Company”), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2024. Q1 2024 Financial and Recent Company Highlights Record first quarter revenue of $14.6 million, 12% increase over Q1 2023Record gross profit

    SAN DIEGO, May 15, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it will report its Q1 2024 operating results on Monday, May 20, 2024 after the market closes. Management will host a conference call on Tuesday May 21, 2024 at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Fo

    SAN DIEGO, May 09, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that the Federal Railroad Administration has ordered EV ARC™ solar-powered EV charging systems to charge federal fleet vehicles at the Transportation Technology Center (TTC) in Pueblo, CO. The EV ARC™ systems were purchased through the General Services Administration (GSA) Federa

    SAN DIEGO, April 25, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that the U.S. National Park Service (NPS) has deployed EV ARC™ solar-powered EV charging systems to charge federal fleet vehicles at the National Capital Region headquarters at the National Mall in Washington, D.C.. The EV ARC™ systems were purchased through the General

    Conference Call Wednesday April 17, 2024 at 4:30 p.m. ETSAN DIEGO, April 16, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), (the “Company”), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced operating results for the year ended December 31, 2023.2023 and Recent Company HighlightsRecord full year revenues of $67.4 million, 206% year over year increaseRecord Q4 revenues of $20.0 m

    SAN DIEGO, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), (the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it will report its 2023 operating results on Wednesday April 17, 2024 after the market closes. Management will host a conference call on Wednesday April 17, 2024 at 4:30 p.m. ET to review financial results and provide an update on corp

    SAN DIEGO, April 03, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that Desmond Wheatley, Chief Executive Officer, will present a corporate update at the LD Micro Invitational XIV 2024. The conference is being held April 8-9, 2024 at the Sofitel Hotel in New York City. Presentation Date:Tuesday, April 9, 2024Time:10:00am ET (Track 2 – S

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    SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that Desmond Wheatley, Chief Executive Officer, and Dr. Said Al-Hallaj, Chief Battery Scientist will conduct an in-depth seminar on emerging technologies and financial models for utility scale energy storage on 26th March 2024 at Hotel Hilton, Belgrade. Seminar Title:Uti

    SAN DIEGO, March 19, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, has been granted another new patent by the United States Patent Office that covers the Company’s wireless charging technology, with the patent title Self-Contained Renewable Inductive Battery Charger. The U.S. Patent Office granted Patent No. US 11,912,144 B2 for Beam Global’s wir