Bloom Energy Provides Business Performance Update and Will Announce Second Quarter 2020 Financial Results on July 28, 2020
July 09 2020 - 9:00AM
Business Wire
Bloom Energy (NYSE: BE) today provided an update on one key
operating metric of its business performance for the second quarter
of 2020, its acceptances. The Company also announced it will
release financial results for its second quarter on July 28,
2020.
The Company issued an update on its Q2 installation performance
stating that it had accepted 306 systems, up 12.9 percent from
acceptances in Q2 2019 and up 19.5 percent sequentially from
acceptances in Q1 2020.
Acceptances are a key operating metric that represent only the
volume measure of the Company’s financial performance and should
not be relied upon as an indication of quarterly financial results,
which depend on a variety of factors including the mix of
acceptances, average sales price, cost of sales and operating
expenses.
Financial results will be discussed in detail on July 28, 2020,
during Bloom Energy’s Q2’20 earnings call.
Additionally, the Company will post its Letter to Shareholders
with financial results and management commentary on the Bloom
Energy investor relations website at
https://investor.bloomenergy.com/ shortly after 1:00 p.m. Pacific
Time on Tuesday, July 28, 2020 and will issue a press release
outlining the Company’s key financial results when the posting has
been made.
A conference call and live webcast to discuss second quarter
results will follow at 2:00 p.m. Pacific Time; 5:00 p.m. Eastern
Time on Tuesday, July 28, 2020. To listen to the conference call,
dial +1 (833) 520-0063 and enter the passcode: 4887329.
International callers should dial +1 (236) 714-2197 and enter the
same passcode: 4887329. The live webcast will be available on the
Bloom Energy investor relations website at
https://investor.bloomenergy.com.
A telephonic replay of the conference call will be available
until August 4, 2020, by dialing +1 (800) 585-8367 or +1 (416)
621-4642 and entering passcode 4887329.
An archived version of the webcast will be available on the
Bloom Energy investor relations website for one year at
https://investor.bloomenergy.com/.
About Bloom Energy
Bloom Energy’s mission is to make clean, reliable energy
affordable for everyone in the world. The company’s product, the
Bloom Energy Server, delivers highly reliable and resilient,
always-on electric power that is clean, cost-effective, and ideal
for microgrid applications. Bloom’s customers include many Fortune
100 companies and leaders in manufacturing, data centers,
healthcare, retail, higher education, utilities, and other
industries. For more information, visit www.bloomenergy.com
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version on businesswire.com: https://www.businesswire.com/news/home/20200709005217/en/
Investor Relations: Mark Mesler Bloom Energy +1 (408)
543-1743 Mark.Mesler@bloomenergy.com
Media Contact: Erica Osian Bloom Energy +1 (401) 714-6883
Erica.Osian@bloomenergy.com
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