Bloom Energy Q3 record revenue $400.3M (+37% YoY); GAAP net loss $169M, non-GAAP EPS $0.15

Bloom Energy Corp

2023-Q3 EPS reported -$1.47 revenue$976,554,000

Revenue $400.3M vs $292.3M YoY; Product/Service revenue $352.5M (+40.7%).
GAAP gross margin -1.3% (negative), but non-GAAP gross margin 31.6% (up from 19.1%).
GAAP operating loss $103.7M widened from $52.6M loss; non-GAAP operating profit $51.8M.
Net loss $169M or $0.80 per share; non-GAAP diluted EPS $0.20 basic / $0.15 diluted.
Adjusted EBITDA $66.4M vs -$13.1M YoY; company says on track for 2023 goals.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bloom Energy Corp reported the third quarter ended September 30, 2023 results: revenue $400.3 million, EPS $(0.80).

Period: the third quarter ended September 30, 2023
Revenue: $400.3 million
EPS: $(0.80)
Result: reported results

Exact text from the filing

compared with the third quarter of 2022. The record revenue for the quarter was driven by continued growth in Product and Service revenue. Third Quarter Highlights • Revenue of $400.3 million in the third quarter of 2023, an increase of 36.9% compared to $292.3 million in the third quarter of 2022. Product and Service revenue of $352.5 million in the third quarter of

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Source: SEC EDGAR

accession 0001628280-23-037826

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