Bloom Energy Stock Is Surging: What’s Going On?

Bloom Energy Corp (NYSE:BE) shares are trading higher in Thursday’s after-hours session after the company reported better-than-expected financial results for the fourth quarter.

What Happened: Bloom Energy reported fourth-quarter revenue of $572.39 million, beating analyst estimates of $508.28 million, according to Benzinga Pro. The company reported fourth-quarter adjusted earnings of 43 cents per share, beating analyst estimates of 30 cents per share.

Total revenue was up 60.4% year-over-year, driven by product and service …

Full story available on Benzinga.com