Beam Global Sales Drop 52 Percent

Beam Global (NASDAQ:BEEM), a company focused on renewable energy-powered electric vehicle charging and energy storage, released its earnings for the second quarter of fiscal 2025 on August 14, 2025. The headline news was a GAAP revenue figure of $7.1 million, which missed analyst expectations of $7.25 million by 2.1%. Despite this shortfall, profitability metrics improved, with a 17.6% narrowing of losses per share to $(0.28) (GAAP) compared to Q2 2024, The quarter marked sequential growth in GAAP revenue, a rare bright spot after previous declines. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Beam Global designs and manufactures solutions for off-grid electric vehicle charging and energy storage. Its signature products include the EV ARC™ solar-powered charging station, BeamBike™ e-bike chargers, and BeamWell portable energy/water systems. These leverage solar technology and integrated batteries to provide rapid-deployment, resilient power infrastructure, especially where grid connections are impractical or unreliable.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool