Beam Global (NASDAQ:BEEM) shares are trading higher by 15.6% to $5.05 during Tuesday’s session after the company announced a year-over-year increase in second-quarter new orders.
Beam Global reported a record $10.6 million in second-quarter new orders, a 128% increase year-over-year. The company says it expanded its government contracts with multiple U.S. states and 15 local government entities and saw a 66% growth in its commercial business.
The company also shipped its first EV ARC™ systems to Europe. Over half of Q2 EV ...
BEEM) Shares Are Seeing Blue Skies>Full story available on Benzinga.com