Bloom Energy (NYSE:BE) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.47b (up 11% from FY 2023).
• Net loss: US$29.2m (loss narrowed by 90% from FY 2023).
• US$0.13 loss per share (improved from US$1.42 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bloom Energy Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 59%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electrical industry in the US.

Performance of the American Electrical industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Bloom Energy that you should be aware of before investing here.

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