SAN JOSE, Calif. (AP) _ Bloom Energy Corp. (BE) on Thursday reported a loss of $78.4 million in its first quarter.

The San Jose, California-based company said it had a loss of 44 cents per share. Losses, adjusted for one-time gains and costs, came to 32 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The developer of fuel cell systems posted revenue of $201 million in the period, also falling short of Street forecasts. Six analysts surveyed by Zacks expected $222.5 million.

Bloom Energy expects full-year revenue in the range of $1.1 billion to $1.15 billion.

Bloom Energy shares have declined 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.97, a decrease of 12% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BE at https://www.zacks.com/ap/BE

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