Back to News
Aug 29, 2024 5:40 PM

What's Going On With Brenmiller Energy Stock After Earnings?

Brenmiller Energy Ltd (NASDAQ:BNRG) shares are soaring after the company reported its first-half financial results after Thursday's closing bell. Here's a look at the details.

The Details: Brenmiller Energy reported first-half losses per share of 45 cents, up from losses of $3.02 per share year-over-year. The company announced it is exploring ways to expand its capabilities to deliver cold thermal energy storage (CTES) for artificial intelligence (AI) data centers.

Brenmiller said it has built a project pipeline, potentially worth up to $500 million in value.

Read Next: ...