Bloom Energy Surpasses $1 Billion in Q2 Revenue and Turns Profitable
BE Bloom Energy Corp
$280.50 +2.82%
View chart & analysis → - 1Bloom Energy's Q2 product revenue reached $935 million.
- 2Bloom Energy's product revenue increased by approximately 215% compared to the same period last year.
- 3Bloom Energy recorded a profit of $182 million last quarter, turning a profit from an operating loss of $3.5 million a year ago.
So what's the key point?
Bloom Energy generated $935 million in revenue from product sales. While the company saw a loss last year, it has now started making money by recording a profit.
Source The Motley Fool +1 · View original ↗
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