Beam's Q4 Loss Wider Than Expected, Revenues Decline Y/Y

Beam Global (BEEM) reported an adjusted loss of 31 cents per share in the fourth quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 23 cents. The company had incurred a loss of 51 cents per share in the year-ago quarter. The company reported net sales of $8 million in the quarter, which missed the Zacks Consensus Estimate of$15 million and fell from the year-ago quarter’s $20 million.See the Zacks Earnings Calendar to stay ahead of market-making news.Revenues in the fourth quarter of 202 ...