Beam Global releases transcript of Q2 2026 operating results conference call
Reuters2026/08/24 08:56Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Beam Global held its Q2 2026 operating results call with CEO Desmond Wheatley and CFO Lisa Potok participating.
- Revenue rose to 8.6 million, up 21% year over year; backlog ended June at 5.4 million.
- Net loss narrowed to 3.1 million, or $0.14 per share; gross margin was 17.8%, with adjusted non-GAAP gross margin at 26.2%.
- Manufacturing relocation to Yuma, Arizona completed; expected rent savings of about 2.7 million over the 5-year lease term.
- Management highlighted growing battery demand for drones, robotics, defense, and AI data centers, citing more than $0.5 million of orders in a week.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beam Global published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.
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