Reports Q4 revenue $462.6M, consensus $397.85M. Commenting on the fourth quarter and full year earnings, KR Sridhar founder, chairman and CEO of Bloom Energy said, "Bloom Energy finished 2022 in a very strong position as our resilient and sustainable energy solutions experienced wider adoption and we were aided by good tailwinds. We expect this trend to continue in 2023 and beyond. Our revenue and non-GAAP gross margin were records for the fourth quarter and for the full year and we closed 2022 with a $10 billion backlog, the strongest order book in our company’s history. Bloom is now a predictable growth company. We offer the world a unique, mature, and proven platform solution at scale – a solution that can be deployed today with a clear pathway to a net-zero future."
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on BE:
- Bloom Energy put volume heavy and directionally bearish
- Bloom Energy price target raised to $26 from $20 at Truist
- Fly Insider: Clear Channel, Jabil among notable insider trades this week
- Oil Trading Daily: Oil Closes Near $80, Nat Gas Gets Hammered
- Bloom Energy call volume above normal and directionally bullish
