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Benzinga
Benzinga
Business
Henry Khederian

REVEALED: Why bloom energy shares are rising - The Real Truth

Bloom Energy Corp (NYSE:BE) shares are trading higher by 8% at $16.73 after the company reported better-than-expected fourth-quarter sales results.

Bloom Energy reported quarterly losses of 5 cents per share which missed the analyst consensus estimate of a loss of 4 cents per share. The company reported quarterly sales of $342.50 million which beat the analyst consensus estimate of $307.99 million by 11%.

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