Bloom Energy Reports Strong Q1 Results and Raises Guidance
Bloom Energy (BE) reported first-quarter revenue of $751.1 million, more than double the prior-year quarter and exceeding expectations. The company also raised its guidance, leading to a 12% surge in its shares before the market open. Non-GAAP EPS of $0.44 beat estimates by $0.31.
Topics: Earnings Beat Guidance Upgrade Revenue Growth Stock Price Movement