Market Overview

Bloom Energy Announces Second Quarter 2018 Financial Results


Revenue of $168.9 million, up 95% Year-Over-Year

Bloom Energy Corporation (NYSE:BE) today announced financial results
for its second quarter ended June 30, 2018. The Company's financial
results were at the high end of the range of the preliminary financial
results provided in its final prospectus filed with the Securities and
Exchange Commission. Bloom Energy has issued a shareholder letter with a
discussion of its second quarter 2018 financial results and forward
estimates, which may be accessed on the Investor Relations section of
the Company's website at:
or via

"Electricity is the lifeblood of the digital economy. The strength of
our results in the second quarter reflects the critical value and
importance that customers place on the highly reliable, resilient, clean
and cost effective power that our solutions provide. The world needs
better electricity, and that is what Bloom offers," said KR Sridhar,
Founder, Chairman and Chief Executive Officer. "We are gratified by the
response to our recent initial public offering and look forward to
delivering significant value to our shareholders in the years to come."

Bloom Energy is in the post-effective period after the pricing of its
initial public offering on July 24, 2018, and no conference call will be
held to discuss the results. The Company believes it is prudent to
release its results and forward estimates in a timely manner, and
intends to begin conducting earnings conference calls when reporting its
third quarter financial results.

About Bloom Energy

Bloom Energy's mission is to make clean, reliable, and affordable energy
for everyone in the world. The Company's product, the Bloom Energy
Server, is capable of delivering highly reliable, uninterrupted, 24x7
constant electric power that is clean and sustainable. Twenty-five of
the Fortune 100 companies are Bloom Energy's customers, and some of its
largest deployments are at Equinix, AT&T, The Home Depot, The Wonderful
Company, Caltech, Kaiser Permanente, and Delmarva Power. For more
information, visit

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