INTC - Bloom Energy Shares Climb After Q1 Results Expanded Agreement With Intel | Benzinga
Bloom Energy Corporation (NYSE:BE) reported its first-quarter financial results after the bell Thursday. Here's a look at the details.
The Details: Bloom Energy reported quarterly losses of 17 cents per share which missed the analyst consensus estimate of losses of 11 cents by 54.55%.
Quarterly sales came in at $235.3 million which missed the analyst consensus estimate of $250.207 million by 5.96% and is a 14.5% decrease from the same period last year.
Product and service revenue came in at $209.8 million in the first quarter, a decrease of 10.5% from the prior year’s quarter.
Bloom reported ...