Bloom Energy Shares Tick Up on 4Q Revenue Surge, Outlook

Dow Jones

02/28

By Denny Jacob

Bloom Energy shares ticked up 3.7% in premarket trading after revenue surged in its latest quarter.

Shares were trading around $23.89. The stock is up about 154% over the last year.

The power generation platform company recorded revenue of $572.4 million in its fourth quarter, a 60% year over year increase from the prior-year period.

"As expected, we closed 2024 with record quarterly results. We expect our commercial momentum to continue into 2025 and beyond," said Chief Financial Officer Dan Berenbaum.

Bloom forecast revenue between $1.65 billion and $1.85 billion in 2025, while Wall Street expected around $1.7 billion.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

February 28, 2025 09:00 ET (14:00 GMT)

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We expect our commercial momentum to continue into 2025 and beyond,\" said Chief Financial Officer Dan Berenbaum. \n</p>\n<p>\n  Bloom forecast revenue between $1.65 billion and $1.85 billion in 2025, while Wall Street expected around $1.7 billion. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2025 09:00 ET (14:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BE","symbol_name":"Bloom Energy Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514327579","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514327579","pubTimestamp":1740751200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Bloom Energy shares ticked up 3.7% in premarket trading after revenue surged in its latest quarter.Shares were trading around $23.89. 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The stock is up about 154% over the last year. \n\n\n  The power generation platform company recorded revenue of $572.4 million in its fourth quarter, a 60% year over year increase from the prior-year period. \n\n\n  \"As expected, we closed 2024 with record quarterly results. 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