"Bloom Energy (BE) Faces Stock Plunge and CFO Departure After Q4 Earnings Miss"
Bloom Energy Corporation (NYSE:BE) reported a Q4 2023 EPS of $0.07, missing expectations of $0.08, and discussed its financial performance, forward-looking statements, and innovative product offerings during its earnings call. The company achieved profitability in 2023 and aims to increase profitability in 2024, with a focus on data centers, AI data centers, and other energy-intensive industries. Bloom Energy also highlighted its innovative product offerings, international market expansion, and strong financial performance, including record revenue, improved margins, and a backlog of over $12 billion. The company's CFO, Greg Cameron, provided insights into the company's performance, targets for 2024, and his departure from Bloom Energy.