Bloom Energy shares sink in after-hours trade after wider-than-expected loss and revenue miss

Bloom Energy Corp. BE, -5.66% shares slid 2.2% successful after-hours commercialized Thursday, aft the institution posted a wider-than-expected third-quarter nonaccomplishment and gross that lagged estimates. The institution said it had a nett nonaccomplishment of $52.4 million, oregon 30 cents a share, for the quarter, wider than the nonaccomplishment of $11.9 million, oregon 9 cents a share, posted successful the year-earlier period. The company's adjusted per-share nonaccomplishment was 20 cents, wider than the 9 cents loss-per-share FactSet consensus. Revenue edged up to $207.2 cardinal from $200.3 million, beneath the FactSet statement of $239.0 million. Shares person gained astir 5% successful the twelvemonth to date, portion the S&P 500 SPX, +0.42% has gained 24.6%.