Bloom Energy reports Q1 EPS (17c), consensus (11c)

Reports Q1 revenue $235.298M, consensus $250.21M. “We are seeing strong market interest, increasing momentum, and robust commercial activity across diverse end markets,” said KR Sridhar, Founder, Chairman and CEO of Bloom Energy. “In addition to data centers, we view AI hardware supply chain industries as a good growth opportunity for Bloom, both in the US and in Asia. Our customer wins on islanded-power mode without need for grid interconnection demonstrates an ideal solution for customers seeking time-to-power advantages.”