NASDAQ$BEEM
Beam Global · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Beam Global reported record revenues and positive gross margin.
Beam Global reported a record revenue of $13.0 million, a 245% increase year-over-year. The company achieved a gross profit of $0.005 million and has $5M cash at time of reporting.
- Beam Team produced 3 times more EV ARC™ systems in Q1 2023 than in the same period in the prior year.
- First quarter was the best quarter in company history, surpassing all full years except 2022.
- Gross profitability improved companywide by 8.1%.
- Sales team delivered a record Q1 of orders and built the pipeline to the highest it has ever been at this time of the year.
Headline financials
Revenue & EPS history
Beam · Revenue · Quarterly
$13M
Forward guidance
The company anticipates improvements starting to impact our profitability in a minor way starting in the 2rd quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2023
+1.6%
Avg return
Earnings day
+0.3%
Avg return
5 days after
-1.7%
Avg return
30 days after
43%
26 / 60 earnings
Positive
+29.5%
Q3 2022
Best reaction
-14.0%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -7.0% | -23.7% | -38.2% | |
| Q4 2025 | -2.0% | -5.5% | +14.1% | |
| Q3 2025 | +0.6% | -7.1% | -6.6% | |
| Q2 2025 | -3.4% | +2.1% | -1.3% | |
| Q1 2025 | -3.8% | -14.2% | -14.2% | |
| Q4 2024 | -14.0% | -7.6% | +25.5% | |
| Q3 2024 | +0.2% | -6.6% | -36.2% | |
| Q2 2024 | -3.5% | -4.8% | -3.5% | |
| Q1 2024 | -5.9% | -4.0% | -22.0% | |
| Q4 2023 | +17.0% | +16.0% | +19.4% | |
| Q3 2023 | +9.1% | -1.2% | +9.1% | |
| Q2 2023 | -3.5% | -12.3% | -11.6% | |
| Q1 2023 | +6.9% | +17.1% | +9.4% | |
| Q4 2022 | -9.7% | -7.4% | -44.3% | |
| Q3 2022 | +29.5% | +39.7% | +59.9% | |
| Q2 2022 | +8.0% | -0.5% | -12.9% | |
| Q1 2022 | +2.7% | +9.5% | +31.6% | |
| Q4 2021 | +11.7% | +27.3% | -15.7% | |
| Q3 2021 | -3.3% | -6.7% | -31.8% | |
| Q2 2021 | +1.9% | -8.8% | -11.3% | |
| Q1 2021 | -2.0% | +14.6% | +54.8% | |
| Q4 2020 | +22.5% | +13.3% | -3.9% | |
| Q3 2020 | +0.6% | +14.0% | +83.8% | |
| Q2 2020 | +1.5% | -4.7% | -8.0% | |
| Q1 2020 | +4.8% | +11.2% | -0.1% | |
| Q3 2019 | -0.4% | -6.6% | -19.4% | |
| Q2 2019 | +1.0% | -2.8% | +0.2% | |
| Q1 2019 | -0.6% | +1.9% | +1.9% | |
| Q3 2018 | +0.0% | +4.3% | -8.7% | |
| Q2 2018 | -5.0% | +0.0% | +0.0% | |
| Q1 2018 | -0.6% | -18.5% | -24.2% | |
| Q3 2017 | -2.1% | -10.6% | -14.3% | |
| Q2 2017 | +2.9% | +3.6% | +3.6% | |
| Q1 2017 | -5.5% | -0.7% | -36.6% | |
| Q3 2016 | +6.3% | -0.6% | -1.9% | |
| Q2 2016 | -7.1% | -8.8% | -8.2% | |
| Q4 2016 | +23.3% | — | — | |
| Q3 2015 | -3.2% | — | — | |
| Q2 2015 | -10.2% | — | — | |
| Q1 2015 | +8.7% | — | — | |
| Q4 2014 | -2.4% | — | — | |
| Q3 2014 | -9.4% | — | — | |
| Q2 2014 | -5.3% | — | — | |
| Q1 2014 | -13.2% | — | — | |
| Q4 2013 | +0.0% | — | — | |
| Q3 2013 | +20.7% | — | — | |
| Q2 2013 | +7.3% | — | — | |
| Q1 2013 | +24.4% | — | — | |
| Q4 2012 | +12.5% | — | — | |
| Q3 2012 | +0.0% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2012 | -4.3% | — | — | |
| Q4 2011 | -0.3% | — | — | |
| Q3 2011 | +0.0% | — | — | |
| Q2 2010 | +7.7% | — | — | |
| Q2 2011 | +7.7% | — | — | |
| Q1 2011 | -9.6% | — | — | |
| Q4 2010 | +1.7% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q1 2010 | -8.6% | — | — |
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