🔴 Bloom Energy is trading 7.5% down today as cash-flow concerns overshadowed raised guidance

Bloom Energy is trading 7.5% down at $201.40 on October 23, as investors focused on cash-conversion concerns following third-quarter results.

• Revenue reached $1.24 billion, and management raised full-year guidance.
• Operating cash flow was negative $27.1 million, with a $181 million free-cash-flow outflow.
• Higher inventory, contract assets, receivables and capacity investment contributed to cash use. Reports linked the selloff to these concerns rather than weak earnings. No trading-volume information was provided.