Beam Global Closes Acquisition of Europe Based Telcom
Beam Global (BEEM)
Company Research
Source: GlobeNewswire
SAN DIEGO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM) (“Beam Global” or the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced the closing of the acquisition of Telcom, a European based company located in Belgrade (“Telcom”), which since 1990 engineers and manufacturers specialized power electronics including invertors, charge controllers, power supplies and LED lighting. Acquisition Expands Market Reach and Product Development while Providing Vital Power Electronics Expertise Beam Global expects that the acquisition of Telcom will enable the Company to enhance its products, improve quality, reduce warranty and service requirements, and reduce costs through the replacement of third-party power electronic components with Beam Global engineered and manufactured solutions. The Company believes that Beam Global’s current and future suite of products, which c
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News
- Things Look Grim For Beam Global (NASDAQ:BEEM) After Today's Downgrade [Yahoo! Finance]Yahoo! Finance
- Beam Global (NASDAQ: BEEM) had its price target lowered by analysts at HC Wainwright from $30.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
- Beam Global (NASDAQ: BEEM) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Beam Global Announces Third Quarter 2024 Operating Results [Yahoo! Finance]Yahoo! Finance
- Beam Global Announces Third Quarter 2024 Operating ResultsGlobeNewswire
BEEM
Earnings
- 11/14/24 - Beat
BEEM
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 10/28/24 - Form SC
- BEEM's page on the SEC website