Bloom Energy Posts Record Quarterly Revenue Again on Surging AI Electricity Demand. Shares Up 20%

Dow Jones

Oct 29

Bloom Energy's top line surged on electricity demand stemming from the boom in artificial intelligence. Shares rose 19.66% to $135.55 in after-hours trading.

The power generation platform company said Tuesday its third-quarter loss narrowed to $23.1 million, or 10 cents a share, from $42.6 million, or 18 cents a share, a year earlier.

Stripping out one-time items, adjusted earnings were 15 cents a share, beating the consensus estimate of 10 cents expected by analysts polled by FactSet.

Revenue rose 57% to $519 million in the third quarter, soaring past analyst estimates for $428.4 million, according to FactSet. It is the fourth consecutive quarter in which Bloom has set a quarterly revenue record, the company said.

Chief Executive K. R. Sridhar said artificial intelligence has spurred surging demand for electricity. Bloom recently entered a $5 billion partnership with Brookfield Asset Management to make factories to supply compute and energy for AI.

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Shares Up 20%","media":"Dow Jones","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/BE\">Bloom Energy</a>&#39;s top line surged on electricity demand stemming from the boom in artificial intelligence. Shares rose 19.66% to $135.55 in after-hours trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6c5931e26ca57aeada8c87375c829dfe\" tg-width=\"837\" tg-height=\"615\"/></p><p>The power generation platform company said Tuesday its third-quarter loss narrowed to $23.1 million, or 10 cents a share, from $42.6 million, or 18 cents a share, a year earlier.</p><p>Stripping out one-time items, adjusted earnings were 15 cents a share, beating the consensus estimate of 10 cents expected by analysts polled by FactSet.</p><p>Revenue rose 57% to $519 million in the third quarter, soaring past analyst estimates for $428.4 million, according to FactSet. It is the fourth consecutive quarter in which Bloom has set a quarterly revenue record, the company said.</p><p>Chief Executive K. R. Sridhar said artificial intelligence has spurred surging demand for electricity. Bloom recently entered a $5 billion partnership with Brookfield Asset Management to make factories to supply compute and energy for AI.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bloom Energy Posts Record Quarterly Revenue Again on Surging AI Electricity Demand. 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Shares Up 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-29 07:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/BE\">Bloom Energy</a>&#39;s top line surged on electricity demand stemming from the boom in artificial intelligence. Shares rose 19.66% to $135.55 in after-hours trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6c5931e26ca57aeada8c87375c829dfe\" tg-width=\"837\" tg-height=\"615\"/></p><p>The power generation platform company said Tuesday its third-quarter loss narrowed to $23.1 million, or 10 cents a share, from $42.6 million, or 18 cents a share, a year earlier.</p><p>Stripping out one-time items, adjusted earnings were 15 cents a share, beating the consensus estimate of 10 cents expected by analysts polled by FactSet.</p><p>Revenue rose 57% to $519 million in the third quarter, soaring past analyst estimates for $428.4 million, according to FactSet. It is the fourth consecutive quarter in which Bloom has set a quarterly revenue record, the company said.</p><p>Chief Executive K. R. Sridhar said artificial intelligence has spurred surging demand for electricity. Bloom recently entered a $5 billion partnership with Brookfield Asset Management to make factories to supply compute and energy for AI.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0444973449.USD","symbol_name":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2579997485","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579997485","pubTimestamp":1761694836,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Bloom Energy's top line surged on electricity demand stemming from the boom in artificial intelligence.The power generation platform company said Tuesday its third-quarter loss narrowed to $23.1 million, or 10 cents a share, from $42.6 million, or 18 cents a share, a year earlier.Stripping out one-time items, adjusted earnings were 15 cents a share, beating the consensus estimate of 10 cents expected by analysts polled by FactSet.Revenue rose 57% to $519 million in the third quarter, soaring past analyst estimates for $428.4 million, according to FactSet. 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Shares rose 19.66% to $135.55 in after-hours trading.The power generation platform company said Tuesday its third-quarter loss narrowed to $23.1 million, or 10 cents a share, from $42.6 million, or 18 cents a share, a year earlier.Stripping out one-time items, adjusted earnings were 15 cents a share, beating the consensus estimate of 10 cents expected by analysts polled by FactSet.Revenue rose 57% to $519 million in the third quarter, soaring past analyst estimates for $428.4 million, according to FactSet. It is the fourth consecutive quarter in which Bloom has set a quarterly revenue record, the company said.Chief Executive K. R. Sridhar said artificial intelligence has spurred surging demand for electricity. Bloom recently entered a $5 billion partnership with Brookfield Asset Management to make factories to supply compute and energy for AI.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}