secwatch.observer — SEC 8-K summary
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Issuer:     Bloom Energy Corp (BE)
CIK:        0001664703
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001628280-24-046303
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bloom Energy Q3 revenue down 17.5% to $330.4M, loss narrows; announces 80 MW fuel cell project
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- Revenue $330.4M, down 17.5% YoY; GAAP gross margin 23.8% vs -1.3% last year.
- GAAP operating loss improved to $9.7M from $103.7M; non-GAAP operating profit $8.1M vs $51.8M.
- Net loss to common stockholders $14.7M ($0.06 diluted EPS) vs $169M ($0.80).
- Announced 80 MW fuel cell project with SK Eternix, expected world's largest single site installation, commercial ops in 2025.
- Reaffirmed 2024 financial guidance; expects strong Q4 close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1664703/000162828024046303/0001628280-24-046303-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1664703/000162828024046303/be-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-046303

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