![]() ![]() Our company is operating well and delivering on our goals. ![]() ![]() Non-GAAP operating loss of ($34.1) million in the first quarter of 2023, an improvement of $5.3 million compared to ($39.4) million in the first quarter of 2022.Ĭommenting on first quarter results, KR Sridhar founder, Chairman and CEO of Bloom Energy said, “Bloom Energy is off to a very strong start in 2023. Operating loss of ($63.7) million in the first quarter of 2023, an improvement of $2.0 million compared to ($65.7) million in the first quarter of 2022. Non-GAAP gross margin of 21.2% in the first quarter of 2023, an increase of 5.4 percentage points compared to 15.8% in the first quarter of 2022. Gross margin of 19.7% in the first quarter of 2023, an increase of 5.8 percentage points compared to 13.9% in the first quarter of 2022. Product and Service revenue of $234.4 million in the first quarter of 2023, an increase of 38.9% compared to $168.8 million in the first quarter of 2022. Revenue of $275.2 million in the first quarter of 2023, an increase of 36.9% compared to $201.0 million in the first quarter of 2022. The record revenue for the quarter was driven by continued growth in Product and Service revenue and supported an improvement in operating margin of over five percentage points. SAN JOSE, Calif.-( BUSINESS WIRE)-Bloom Energy Corporation (NYSE: BE) reported today its total revenue for the first quarter ended Magrew 37% compared with the first quarter of 2022. ![]()
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