Is Bloom Energy Corp a Buy After Its Latest Earnings Report?
Bloom Energy posted blowout second-quarter results.
Overview
Bloom Energy (NYSE:BE) reported its second-quarter financial results after the market closed on July 28. They were, in the words of CFO Simon Edwards, “the strongest in Bloom’s history.” The advanced fuel cell developer’s revenue rocketed more than 165%, crossing the $1 billion milestone, while its profitability grew exponentially.
Here’s a look at the company’s quarter and whether the hydrogen stock is a buy following the report.
Image source: The Motley Fool.
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Originally published at www.fool.com.
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