Bloom Energy(BE) - 2020 Q2 - Earnings Call Presentation

Financial Performance - Bloomenergy Q2 2020 acceptances reached 306 (100kW)[5], a 12.9% increase year-over-year and a 19.5% increase quarter-over-quarter[7] - The company's revenue for Q2 2020 was $187.9 million[5], a decrease of 6.2% year-over-year but an increase of 19.9% quarter-over-quarter[7] - Non-GAAP gross margin was 16.5% in Q2 2020[5], compared to 19.4% in Q2 2019 and 16.2% in Q1 2020[7] - Non-GAAP operating expenses were $41.9 million in Q2 2020[5], a decrease of 17.5% year-over-year and 14.1% quarter-over-quarter[7] - Adjusted EBITDA for Q2 2020 was $2.1 million[5], a decrease of 82.5% year-over-year but an increase of 121.4% quarter-over-quarter[7] - Adjusted EPS was $(0.23) in Q2 2020[5], an increase of 23.3% year-over-year and 32.4% quarter-over-quarter[7] Balance Sheet - The company's cash and short-term investments at the end of Q2 2020 were $324.1 million[5], a decrease of 8.4% quarter-over-quarter[8] - Accounts receivable (AR) increased by $13.9 million, or 38.9%, quarter-over-quarter to $49.6 million[8] - Inventory increased by $5.3 million, or 4.9%, quarter-over-quarter to $112.5 million[8] - Total assets decreased by $35.1 million, or 2.7%, quarter-over-quarter to $1,277.5 million[8]