Beam Global reported a second-quarter loss of 14 cents per share, an improvement from the 22-cent loss expected by analysts and narrower than the year-ago loss of 28 cents. Revenue totaled $8.56 million, up 13.8% from the same period last year and exceeding the $7.52 million consensus estimate.
The company’s stock closed at $1.21 on Friday, leaving it down 15.38% over the past three months and 50.21% over the last 12 months. InvestingPro’s Financial Health score for Beam Global remains classified as weak performance.
Analysts at InvestingPro noted that Beam Global’s earnings per share have seen both upward and downward revisions over the past 90 days. Historical ProPicks AI signals highlighted gains of 231.5% for Siemens Energy and 189% for Sandisk, though these figures reflect past performance and do not guarantee future results.
