Bloom Energy

Bloom Energy Corp. engages in the manufacture and installation of on-site distributed power generators. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann and Dien Nguyen on January 18, 2001 and is headquartered in San Jose, CA.

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Bloom Energy reports record revenues, eyes international expansion and hydrogen

Bloom Energy's Q4 2022 performance showcased record revenues, margin improvements, and a strategic focus on international expansion and service margin targets.
While facing challenges in product portfolio enhancement and market diversification, the company is well-prepared for the hydrogen economy and CleanTech opportunities.
Opportunities lie in entering new markets, leveraging CleanTech policies, and innovating in the biogas sector, positioning Bloom Energy for sustainable growth.

Bloom Energy reports record Q1 revenue, eyes international growth

Bloom Energy's strong Q1 performance, focus on technology advancements, and growth targets position it favorably in the hydrogen market. The company's resilience in shifting revenue mix and commitment to maintaining margins underscore its strategic approach. Opportunities in international markets and cost reduction efforts present avenues for future growth.

Bloom Energy excels in Q2, eyes hydrogen market expansion

Bloom Energy's strong Q2 performance, focus on operational efficiency, and strategic positioning in the energy sector underscore its growth trajectory. Challenges in regulatory approvals, international markets, and product timelines require careful navigation. The company's emphasis on cost reduction, revenue growth, and customer-centric solutions align with long-term sustainability and profitability goals.

Bloom Energy reports record Q3 revenue, eyes hydrogen market

Bloom Energy's Q3 performance showcased robust revenue growth and margin improvement.
The company's focus on hydrogen tech and strong sales pipeline position it well for future growth.
While facing challenges in cost structures and market adoption, Bloom Energy sees vast opportunities ahead.
Continued investments in technology and international expansion highlight a strategic growth trajectory.

Bloom Energy achieves profitability, eyes growth in innovative sectors

Bloom Energy's Q4 2023 performance was robust, focusing on profitability and innovation. While facing challenges from electricity demand and leadership changes, the company is well-positioned to capitalize on opportunities for growth and margin improvement.

Bloom Energy reports resilient Q1 performance amidst revenue challenges

Bloom Energy's Q1 performance showed resilience despite revenue decline, with a focus on margin improvement and profitability enhancement.
The company's strengths lie in strong market interest, major data center opportunities, and international growth potential.
Challenges include revenue decline, the need to convert data center opportunities, and enhancing financial community relationships.
Opportunities include a robust sales pipeline, sustainable technology integration, and profitable growth strategies.

Bloom Energy reports robust Q3 earnings and eyes international expansion

Bloom Energy's Q3 performance reflects solid revenue growth and operational efficiency, with a positive outlook for full-year results.
While facing challenges such as cost reductions and market dynamics, the company's strengths in project execution and market adaptability offer resilience.
Opportunities in international markets, data centers, and strategic partnerships provide avenues for continued growth and market leadership for Bloom Energy.

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Bloom Energy Corp. engages in the manufacture and installation of a solid oxide fuel-cell based power generation platform. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001, and is headquartered in San Jose, CA.

Last week, Bloom Energy (NYSE: BE ) saw shares fall as it announced a convertible senior note offering. As InvestorPlace‘s William White reports, this news led to Bloom's daily average trading volume almost doubling.

BE Stock Price Predictions: Is Bloom Energy Really Worth $30?

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SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) will host an Investor Conference at the New York Stock Exchange on May 23, 2023. The event will begin at 12:30 p.m. Eastern Time (ET)/9:30 a.m. Pacific Time (PT) with presentations by key Bloom executives, including KR Sridhar, Founder, Chairman and CEO; Greg Cameron, President and CFO; Sharelynn Moore, EVP, Chief Business Development and Marketing Officer; Tim Schweikert, Senior Managing Director, International Business; Rick Beuttel,.

Bloom Energy To Host Investor Conference on May 23, 2023

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Bloom Energy management reaffirmed its 2023 guidance even after a losing quarter. Bloom also announced a $550 million capital raise through the issuance of new convertible bonds.

Why Bloom Energy Stock Plunged This Week

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SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced the pricing of its offering of $550.0 million aggregate principal amount of 3.00% green convertible senior notes due 2028 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $500.0 million a.

Bloom Energy Corporation Prices Upsized $550.0 Million Green Convertible Senior Notes Offering

Bloom Energy intends to offer at least $500 million in convertible notes. Two analysts have reduced their price targets in as many days.

Why Shares of Bloom Energy Are Powering Down Today

Bloom Energy (NYSE: BE ) stock is falling on Thursday following news of the company offering $500 million in convertible senior notes. These convertible senior notes are due in 2028 and are being offered to qualified institutional buyers.

Bloom Energy (BE) Stock Plunges on $500M Offering

Shares of Bloom Energy Corp. BE dropped 5.9% toward a one-year low in premarket trading Thursday, after the electricity and hydrogen generator announced plans to privately offer $500 million in senior notes, which will be convertible to cash and common stock. The company plans to use a portion of the proceeds from the offering to redeem all of the $57.5 million outstanding principal amount of its 10.25% notes due 2027.

Bloom Energy stock sinks toward 1-year low after plans for $500 million convertible notes offering

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced its intention to offer, subject to market and other conditions, $500,000,000 aggregate principal amount of green convertible senior notes due 2028 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Bloom Energy also expects to grant the initial purchasers of the notes.

Bloom Energy Corporation Announces Proposed Convertible Senior Notes Offering

Bloom Energy Corporation (NYSE:BE ) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Ed Vallejo - VP, IR K.R. Sridhar - Founder, Chairman and CEO Greg Cameron - President and CFO Conference Call Participants Andrew Percoco - Morgan Stanley Manav Gupta - UBS Alex Vrabel - Bank of America Sam Burwell - Jefferies Jason Vernoff - Oppenheimer Sangita Jain - KeyBanc Pavel Molchanov - Raymond James Luke Tilkens - Piper Sandler Jordan Levy - Truist Abhishek Sinha - Northland Capital Noel Parks - Tuohy Brothers Operator Good evening, ladies and gentlemen.

Bloom Energy Corporation (BE) Q1 2023 Earnings Call Transcript

Bloom Energy (BE) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.32 per share a year ago.

Bloom Energy (BE) Reports Q1 Loss, Tops Revenue Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) reported today its total revenue for the first quarter ended March 31, 2023 grew 37% compared with the first quarter of 2022. The record revenue for the quarter was driven by continued growth in Product and Service revenue and supported an improvement in operating margin of over five percentage points. First Quarter Highlights Revenue of $275.2 million in the first quarter of 2023, an increase of 36.9% compared to $201.0 mil.

Bloom Energy Reports Record Revenue in First Quarter 2023 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Second paragraph, second sentence of release should read: The 4 MW Bloom Electrolyzer™, delivering the equivalent of over 2.4 metric tonnes per day of hydrogen output, was built, installed and operationalized in a span of two months to demonstrate the speed and ease of deployment (instead of 2.4 million tonnes). The updated release reads: BLOOM ENERGY DEMONSTRATES HYDROGEN PRODUCTION WITH THE WORLD'S LARGEST AND MOST EFFICIENT SOLID OXIDE ELECTROLYZER Installa.

CORRECTING and REPLACING Bloom Energy Demonstrates Hydrogen Production with the World's Largest and Most Efficient Solid Oxide Electrolyzer

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE:BE) has begun generating hydrogen from the world's largest solid oxide electrolyzer installation at NASA's Ames Research Center, the historic Moffett Field research facility in Mountain View, Calif. This high-temperature, high-efficiency unit produces 20-25% more hydrogen per megawatt (MW) than commercially demonstrated lower temperature electrolyzers such as proton electrolyte membrane (PEM) or alkaline. This electrolyzer demonstration show.

Bloom Energy Demonstrates Hydrogen Production with the World's Largest and Most Efficient Solid Oxide Electrolyzer

SAN JOSE, Calif. & RIGA, Latvia--(BUSINESS WIRE)--Bloom Energy (NYSE:BE) has signed an agreement with Elugie to provide a total of 9.75 megawatts (MW) of power from the Bloom Energy Server® at five commercial, industrial and data center sites in Belgium. It is Bloom's first entry to the northern Europe market. Elugie, which has its headquarters in Riga, Latvia, with offices in Mechelen, Belgium, is an energy service company in the Benelux market of Belgium, the Netherlands and Luxembourg. Bloom.

Bloom Energy Enters Northern European Markets with New Sales Agreement

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced it will release its first quarter 2023 financial results on May 9, 2023 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. Q1 2023 Conference Call and Webcast Date: May 9, 2023 Time: 2 p.m. PT/ 5 p.m.

Bloom Energy to Announce First Quarter 2023 Financial Results on May 9, 2023

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SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE:BE) achieved nearly 1 million tonnes of avoided carbon emissions from its business activities in 2022 – enough to displace 200,000 cars from the roads in the U.S. in one year, according to its 2022 Sustainability Report.

Bloom Energy's 2022 Sustainability Report Shows Significant Emissions Savings

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SAN JOSE, Calif. & STAMFORD, Conn.--(BUSINESS WIRE)--Bloom Energy (NYSE:BE) and SK ecoplant Americas have completed the installation of fuel cell systems at two Stamford Health locations. The Bloom platform will provide Stamford Health staff with predictable, stable power to help support Stamford Health's ability to provide high-quality medical care to patients.

Bloom Energy, SK ecoplant Americas Complete Installation of Fuel Cell Systems at Stamford Health Locations

Bloom Energy developed the very first large-scale, commercially viable solid oxide fuel-cell based power generation platform that is set to disrupt the power generation industry. The energy generation industry is in need of disruption and change as a result of an increasing need for energy resilience and importance of sustainability.

News for Bloom Energy Stock (BE)