Bloom Energy (NYSE: BE) reported record revenue of $1.07 billion for the latest quarter, marking a 166% year-over-year increase. The company also revised its full-year revenue outlook, now expecting between $3.9 billion and $4.2 billion, driven by heightened demand for its solid-oxide fuel cell systems among major U.S. hyperscalers and AI data center operators.
This strong performance has led to positive revisions in earnings per share (EPS) forecasts, and the stock currently holds a Zacks Rank #1 (Strong Buy).
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