Bloom Energy Corp Class A
BE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| QZl | LOCK|#@q | LOCK|fJ$B@& |
Bloom Energy Earnings: Revenue and Guidance Soar While Cash Flow Conversion Is Lackluster
Bloom Energy's third-quarter revenue rose 138% year on year to $1.24 billion. The company raised revenue guidance to a midpoint of $4.5 billion, while non-GAAP gross margin guidance remained at 34% due to scaling costs. Operating cash flow was negative due to large increases in working capital.
