Beam Global

Beam Global engages in the invention, design, engineering, manufacture, and sale of solar powered products. It offers solar powered products and proprietary technology solutions for electric vehicle charging infrastructure, out of home advertising platforms, and energy security and disaster preparedness. The company was founded by Robert Lane Noble on June 12, 2006 and is headquartered in San Diego, CA.

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Beam Global reports robust revenue growth and strategic expansion plans

Beam Global showcased strong revenue growth and operational efficiency in Q4 2022, supported by a $100 million credit facility for expansion.
While facing margin challenges and net losses, the company remains focused on profitability, cost management, and shareholder value.
Opportunities lie in product expansion, European market penetration, and leveraging industry growth trends for future success.
Desmond Wheatley's confidence in Beam Global's future growth and strategic direction sets a positive outlook for the company's performance.

Beam Global's Q1 2023 Revenue Surges, Eyes International Expansion

Beam Global reported stellar revenue growth and improved gross margin in Q1 2023, focusing on cost reductions and profitability. The company's strong sales efforts and liquidity position provide a foundation for future growth.

Beam Global achieves record Q2 results, eyes European expansion

Beam Global's exceptional Q2 performance underscores its financial strength and operational efficiency, with revenue and production milestones achieved.
While challenges like delayed cost reductions and managing expenses persist, the company's strategic strengths and growth opportunities position it for continued success.
The focus on product innovation, customer acquisition, and international expansion signals a promising trajectory for Beam Global's future growth and profitability.
Desmond Wheatley's confidence in the team's capabilities and the company's strategic direction bode well for sustained business growth and market leadership.

Beam Global reports robust Q3 growth, eyes European expansion

Beam Global's Q3 2023 performance reflects strong revenue growth, improved gross profit, and decreased operating expenses. The acquisition of Beam Europe presents strategic opportunities in the European market, aligning with the increasing demand for EV charging infrastructure. Challenges include backlog trajectory and the need for sustained financial prudence to achieve EBITDA breakeven next year.

Beam Global reports robust revenue growth and strategic European expansion

Beam Global's Q4 2023 performance reflects remarkable revenue growth and operational improvements, positioning the company for a promising future despite net losses.
The strategic acquisition of Beam Europe, focus on diversification, and emphasis on cost savings and margin improvements demonstrate Beam Global's commitment to sustainable growth and market expansion.
With a strong presence in Europe and a growing pipeline, Beam Global is poised to capitalize on the increasing demand for zero-emission vehicles and the opportunities presented by the evolving energy landscape.

Beam Global achieves record revenues and targets European expansion

Beam Global reported record Q1 revenues and the highest gross profit margin ever. The company is focusing on efficiency, reducing COGS, and improving gross profitability.
European expansion presents significant growth opportunities, particularly in the UK, driven by stringent zero-emission vehicle mandates. Sales strategy for the EV Standard product targets existing customers and aims for good unit economics.
Challenges include increased operating expenses, non-cash liabilities, and initial inefficiencies in European operations. However, Beam Global is poised to capitalize on opportunities in Europe for EV charging solutions.

Beam Global reports strong Q2 earnings, eyes growth opportunities

Beam Global's Q2 '24 performance showed revenue growth, margin improvement, and strategic milestones.
Despite challenges in expenses and net loss, the company's strengths lie in sales expansion and R&D investment.
Opportunities in new product introductions and leveraging external sales resources can drive future growth.
Overall, Beam Global's positive outlook and strong financial performance indicate a promising trajectory.

Beam Global excels in Q3 2024, eyes global expansion opportunities

Beam Global's Q3 2024 performance reflects strong revenue growth, improved margins, and a return to profitability, underlining operational progress.
Strategic initiatives such as geographic expansion, product innovation, and channel diversification position the company for sustained growth and market resilience.
While facing challenges in certification processes and operating expenses, Beam Global remains optimistic about its growth trajectory and investor engagement.

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Beam Global provides sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media. It develops, patents, designs, engineers and manufactures unique and advanced clean mobility solutions that protect the environment, save customers time and money, empower communities and keep people moving. The firm's core platforms include Beam EV ARC and Solar Tree sustainable EV charging systems, Beam AllCell high-performance energy storage solutions, energy resiliency and disaster preparedness products and a deep patent library. The company was founded by Robert Lane Noble on June 12, 2006 and is headquartered in San Diego, CA.

Sustainable EV charging infrastructure to serve new city-owned EVs Sustainable EV charging infrastructure to serve new city-owned EVs

City of San Diego Deploys Beam Global EV ARC™ Off-Grid EV Charging Systems

SAN DIEGO, April 13, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that a leading Georgia utility has deployed two EV ARC™ sustainable EV charging systems for public use. The units are located in high traffic areas accessible to the public, with one unit in metropolitan Atlanta and the other in rural Georgia.

Beam Global Expands Sustainable EV Charging Program with Major Georgia Utility

Beam Global Reports Fiscal Year 2020 Financial Results

Sustainable EV technology provider expands its customer portfolio in the Midwest Sustainable EV technology provider expands its customer portfolio in the Midwest

City of Olathe First to Bring Beam Global Sustainable EV Charging Systems to Kansas

SAN DIEGO, March 23, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), (the “Company”), the leading producer of unique and sustainable infrastructure products for electric vehicle charging, energy security and outdoor media, announced that it will report its Fiscal Year 2020 financial results on Tuesday March 30, 2021.

Beam Global Schedules Fiscal Year 2020 Financial Results Conference Call for March 30, 2021, 4:30 p.m. Eastern Time

Beam Global (BEEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Beam Global (BEEM) Report Negative Q4 Earnings? What You Should Know

SAN DIEGO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that the Florida Sheriffs Association (FSA) in partnership with the Florida Association of Counties awarded Beam Global statewide contract number FSA20-EQU18.0 Heavy Equipment . The contract includes the flagship EV ARC™ 2020 and EV ARC™ DCFC sustainable EV charging infrastructure systems under the category Power Charging, with a contract term through September 30, 2023. This is the premier contract in the state for police, fire, municipalities and universities.

Beam Global Awarded Florida Statewide Purchasing Contract for Rapidly Deployed Sustainable EV Charging Products

SAN DIEGO, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced deliveries of 33 EV ARC™ systems in the fourth quarter of 2020. The Company delivered more EV ARC™ systems in the 4th quarter of 2020 than in any previous 4th quarter and more than in any of the preceding three quarters during the year. Deployments of the flagship EV ARC™ sustainable EV charging system were made to enterprise, municipal government, Federal government and utility customers, for public, workplace and fleet vehicle charging. The majority of the deliveries were to enterprise and government customers in California, including purchases made under our recently extended California DGS contract number 1-18-61-16.

Beam Global Announces Record Fourth Quarter EV Arc™ Deliveries in 2020

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Shares of the EV charging specialist surged as it announced new patents and added a new customer.

Why Beam Global Stock Soared 115% in December

Electric vehicle (EV) stocks are taking a beating after a spectacular rally in 2020.

Why Beam Global Stock Got Crushed Today

Beam's 100% Renewably Powered Chargers Demonstrate City's Commitment to Sustainability and Building Clean EV Charging Infrastructure Beam's 100% Renewably Powered Chargers Demonstrate City's Commitment to Sustainability and Building Clean EV Charging Infrastructure

The City of Montebello to Deploy Beam Global EV ARC™ Solar EV Charging Terminals

Beam Me Up Scotty - This Solar Micro-Cap Has Lifted Off

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Rapidly Deployed Drone Recharging Network Requires No Construction or Grid Connection Rapidly Deployed Drone Recharging Network Requires No Construction or Grid Connection

Beam Global Announces Patent Issuance for UAV ARC™ Unmanned Aerial Vehicle Autonomous Renewable Charger

The EV charging specialist prices a secondary offering at a discount.

Why Beam Global Stock Plummeted Today

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SAN DIEGO, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM, BEEMW) (“Beam” or “the Company”), a provider of innovative sustainable technology for electric vehicle (“EV”) charging, outdoor media and energy security, today announced that it has entered into an underwriting agreement with Maxim Group LLC under which the underwriter has agreed to purchase, on a firm commitment basis, 250,000 shares of common stock of the Company, at a price to the public of $30.00 per share, less underwriting discounts and commissions. The gross proceeds from the public offering will be approximately $7.5 million, before deducting underwriting discounts and commissions and estimated offering expenses.

Beam Global Announces Pricing of $7.5 Million Bought Deal Offering

Beam Global (BEEM) is seeing a massive surge with EV stocks on Monday despite a lack of news from the solar company on heavy trading. The post Solar Stocks Alert: 10 Things for BEEM Stock Investors to Know About Beam Global appeared first on InvestorPlace.

Solar Stocks Alert: 10 Things for BEEM Stock Investors to Know About Beam Global

News for Beam Global Stock (BEEM)