2023-03-29 16:40:37 ET
- Beam Global press release ( NASDAQ: BEEM ): Q4 GAAP EPS of -$0.77 misses by $0.38 .
- Revenue of $7.9M (+126.4% Y/Y) beats by $0.37M .
- At December 31, 2022, we had cash of $1.7 million, compared to $21.9 million at December 31, 2021.
- Record Q4 revenues of $7.9 million, 126% year over year increase
- Record annual orders of $76 million, 548% year over year increase
- Record full year EV ARC™ system production, 105% year over year increase
- Record Q4 EV ARC™ system production, 115% year over year increase
- Orders from commercial sector grew 1190% year over year
- Orders from government sector grew 489% year over year
- Secured $100 million credit facility through London based OCI Group.
- Shares +0.51% .
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Beam Global GAAP EPS of -$0.77 misses by $0.38, revenue of $7.9M beats by $0.37M