Bloom Energy eyes profitability in 2013
Bloom Energy's CFO told Forbes that the company will be profitable in 2013.
Bloom Energy lost $32 million in its third quarter but is on track to become "operationally profitable" in 2013, according to Forbes.
Forbes cites "confidential documents sent by Bloom to its 'significant investors'" for the third quarter results that include about $101 million in revenue but a $106 million "pro forma cost of goods" and $26 million in operating expenses.
Forbes also quotes Sunnyvale-based Bloom CFO Bill Kurtz saying that the company is making a profit and expects to be "profitable in 2013. "
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