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Beam Global (BEEM) reported a smaller-than-expected loss in the first quarter. However, sales missed analysts’ expectations of $1.84 million. Beam Global provides sustainable technology for electric vehicle (EV) charging, outdoor media and energy security. Shares of the company fell almost 2.3% on May 24 to close at $24.89. The company incurred a loss of $0.14 per share in Q1, compared to the $0.17 loss per share estimated by analysts. Revenue generated in the quarter was $1.37 million, which grew 4% from the year-ago period. Beam CEO Desmond Wheatley said, “We believe that a com...

Share this article Share this article ResearchAndMarkets.com's offering. The solar panel market for electric vehicles and chargers is expected to create an annual revenue opportunity of $1.57 billion by 2030. The solar panels for electric vehicles and chargers are developed from various types of materials such as monocrystalline PV cells and poly-crystalline PV cells, among others. These solar panels act as an additional source of energy in vehicles and charging systems. This report considers electric passenger vehicles, electric commercial vehicles, electric two-wheelers and three-wheelers, ...

Outlook on the Solar Panel Global Market for Electric Vehicles and Chargers to 2030 - Advancements in Solar Panel Technology Presents Opportunities May 24, 2021 05:48 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com's offering. The solar panel market for electric vehicles and chargers is expected to create an annual revenue opportunity of $1.57 billion by 2030. The solar panels for electric vehicles and chargers are developed from various types of materials such as monocrystalline PV cells and poly-cryst...

Company's 52-week low was at $10.53 Price action over last quarter: down 42.60% Company Description Beam Global produces sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, and costs of grid-tied solutions. Its products are founded upon its patented EV ARC and Solar Tree lines and include BeamTrak patented solar tracking, and ARC Technology energy storage, along with EV charging, outdoor media, and disaster preparedness packages. From start to finish, the company develops, patents, designs, engineers, and manufac...

Beam Global: Q1 Earnings Snapshot by The Associated Press Last Updated May 24, 2021 at 4:28 pm EDT SAN DIEGO (AP) _ Beam Global (BEEM) on Monday reported a loss of $1.3 million in its first quarter. The San Diego-based company said it had a loss of 14 cents per share. The company posted revenue of $1.4 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $1.3 million. Beam Global shares have increased fivefold since the beginning of the year. In the final minutes of trading on Monday, shares hit $24.70, more than quadrupling in the last 12 months. ____...