SAN DIEGO (AP) _ Beam Global (BEEM) on Thursday reported a loss of $1.6 million in its second quarter.

The San Diego-based company said it had a loss of 18 cents per share.

The company posted revenue of $2.1 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $1.8 million.

Beam Global shares have climbed sixfold since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.29, rising fivefold 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 BEEM at https://www.zacks.com/ap/BEEM

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