Eos Energy Enterprises

Eos Energy Enterprises, Inc. designs, manufactures, and deploy safe, scalable, and sustainable, low total cost of ownership battery storage solutions for the electricity industry. Its product Eos Znyth DC battery system designed to meet the requirements of the grid-scale energy storage market. The company was founded in 2008 and is headquartered in Edison, NJ.

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Eos Energy reports robust Q4 earnings, poised for energy storage growth

Eos Energy Enterprises delivered strong financial performance in Q4 2022, with a focus on innovation, efficiency, and profitability.
The company's competitive strengths, market positioning, and growth opportunities signal a promising future in the energy storage industry.
Challenges lie in managing transitions, achieving profitability, and securing funding, but Eos Energy is strategically positioned for success.

Eos Energy Enterprises posts robust Q1 revenue growth and automation focus

Eos Energy Enterprises reported strong revenue growth, a healthy backlog, and a focus on automation for manufacturing efficiency. The company is actively addressing challenges in funding, cost reductions, and automation implementation while pursuing growth opportunities in key markets. Investor sentiment is positive, driven by progress towards profitability and sustainable growth strategies.

Eos Energy advances Z3 battery manufacturing, awaits DOE loan approval

Eos Energy Enterprises focuses on Z3 battery manufacturing, safety, and reliability for sustainable growth.
Challenges include awaiting DOE loan commitments, industry financing differences, and cost reduction targets.
Opportunities lie in capitalizing on energy storage demand, partnerships, and achieving DOE loan commitments.
Overall, Eos aims for positive gross margins through revenue objectives and manufacturing efficiency improvements.

Eos Energy Enterprises reports Q3 performance, navigates financing challenges

Eos Energy Enterprises navigates challenges in financing timing and manufacturing decisions while leveraging strong partnerships and market trends for growth.
Operational performance shows a mix of revenue generation, cost reduction initiatives, and a focus on profitability in the coming years.
The company remains optimistic about long-term growth in the energy industry, emphasizing the importance of timing in converting opportunities into orders.

Eos Energy Enterprises achieves record revenue growth and targets profitability

Eos Energy Enterprises reported strong financial performance in Q4 2023, with revenue growth, gross margin improvement, and a focus on achieving profitability by 2024. The company is investing in manufacturing capabilities, cost reduction, and international expansion to drive future growth.

Eos Energy Enterprises secures key orders and funding amidst challenges

Eos Energy Enterprises navigated supply chain challenges in Q3 but secured significant orders and funding. The company's strategic partnerships and focus on cost efficiency position it for growth and profitability.

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Eos Energy Enterprises reported disappointing Q3/2024 results, with revenues falling well short of consensus expectations and record-high cash usage. A supply chain issue will continue to impact sales in the near-term. As a result, management has lowered full-year expectations significantly. The sales underperformance resulted in a covenant breach under Eos Energy's new credit facility with Cerberus Capital Management, but the company managed to secure a waiver.

Eos Energy Enterprises: Poor Q3 Results, But Major Catalysts Ahead, Reiterating Hold

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Eos Energy Enterprises (NASDAQ: EOSE) on behalf of long-term stockholders following a class action complaint that was filed against Eos on August 1, 2023 with a Class Period from May 9, 2022 to June 27, 2023. Our investigation concerns whether the board of directors of Eos have breached their fiduciary duties to the company.

EOS ALERT: Bragar Eagel & Squire, P.C. is Investigating Eos Energy Enterprises on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Eos Energy Enterprises, Inc. (NASDAQ:EOSE ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Liz Higley - Director, Investor Relations Joe Mastrangelo - Chief Executive Officer Nathan Kroeker - Chief Financial Officer Conference Call Participants Thomas Boyes - TD Cowan Martin Malloy - Johnson Rice & Company Stephen Gengaro - Stifel Financial Corp. Joseph Osha - Guggenheim Securities Chip Moore - ROTH Capital Partners Operator Good morning and welcome to the EOS Energy Enterprises Third Quarter 2024 Conference Call. As a reminder, today's call is being recorded and your participation implies consent to such recording.

Eos Energy Enterprises, Inc. (EOSE) Q3 2024 Earnings Call Transcript

Eos Energy Enterprises, Inc. (EOSE) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.05 per share a year ago.

Eos Energy Enterprises, Inc. (EOSE) Reports Q3 Loss, Lags Revenue Estimates

EDISON, N.J., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced financial results for the third quarter ended September 30, 2024.

Eos Energy Enterprises Reports Third Quarter 2024 Financial Results and Updates 2024 Outlook

EDISON, N.J., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced a new customer agreement with City Utilities (CU) to provide 216 MWh of energy storage for two project sites in Missouri.

Eos Energy Signs Agreement with City Utilities of Springfield, Missouri to Provide 216 MWh of Energy Storage

TURTLE CREEK, Pa., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced the successful achievement of all four of the second performance milestones previously agreed upon between Eos and an affiliate of Cerberus Capital Management LP (“Cerberus”) as part of Cerberus's strategic investment in the Company. Achieving these performance milestones enables the Company to draw an additional $65 million from the Delayed Draw Term Loan.

Eos Energy Achieves Second Set of Performance Milestones Related to Cerberus Strategic Investment

EDISON, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced it will release its third quarter 2024 financial results after the U.S. market closes on November 5, 2024. A conference call to discuss its results will take place the following morning on November 6 at 8:30 a.m. Eastern Time.

Eos Energy Enterprises Announces Date for Third Quarter 2024 Financial Results

Various estimates put the grid scale battery market at over one trillion dollars. EOS went public via a SPAC, suffered, and has come back to life with a large financing package and another large potential government loan. The chemistry used by EOS is more benign than others, non-flammable, and offers an economic longer duration discharge than other solutions.

A Gridscale Battery In A Trillion Dollar Market

Eos Energy Enterprises, Inc. (NASDAQ:EOSE ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Liz Higley - Director, Investor Relations Joe Mastrangelo - Chief Executive Officer Nathan Kroeker - Chief Financial Officer Conference Call Participants Chip Moore - ROTH Martin Malloy - Johnson Rice & Company Ryan Pfingst - B. Riley Operator Ladies and gentlemen, thank you for standing by.

Eos Energy Enterprises, Inc. (EOSE) Q2 2024 Earnings Call Transcript

Eos Energy Enterprises, Inc. (EOSE) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.60 per share a year ago.

Eos Energy Enterprises, Inc. (EOSE) Reports Q2 Loss, Misses Revenue Estimates

Successful commissioning of state-of-the-art (SotA) manufacturing line and up to $315.5 million strategic investment from Cerberus provide capacity and capital to significantly scale production Successful commissioning of state-of-the-art (SotA) manufacturing line and up to $315.5 million strategic investment from Cerberus provide capacity and capital to significantly scale production

Eos Energy Enterprises Reports Second Quarter 2024 Financial Results

EDISON, N.J., July 23, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced it will release its second quarter 2024 financial results after the U.S. market closes on August 6, 2024. A conference call to discuss its results will take place the following morning on August 7 at 8:30 a.m. Eastern Time.

Eos Energy Enterprises Announces Date for Second Quarter 2024 Financial Results

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EDISON, N.J., July 11, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced that it received written notice from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company regained compliance with the minimum continued listing criteria set forth in Nasdaq Listing Rule 5550(a)(2) as of July 9, 2024, based on the closing bid price of the Company's common stock being at or above $1.00 per share for the 10 consecutive business days from June 24, 2024 to July 8, 2024.

Eos Energy Announces Compliance with Nasdaq Continued Listing Criteria

Company achieves critical Project AMAZE manufacturing milestone to meet future demand for long duration battery storage Company achieves critical Project AMAZE manufacturing milestone to meet future demand for long duration battery storage

Eos Energy Successfully Launches Commercial Production on First State-of-the-Art Manufacturing Line

Significant strategic investment supports Company's growth plans in an accelerating long duration battery storage market and enables Eos to restructure existing debt Significant strategic investment supports Company's growth plans in an accelerating long duration battery storage market and enables Eos to restructure existing debt

Eos Energy Announces Strategic Investment of up to $315.5 Million from Cerberus to Propel Eos' Expansion and Path to Profitability

Eos Energy Enterprises, Inc. (NASDAQ:EOSE ) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ET Company Participants Liz Higley - Director, Investor Relations Joe Mastrangelo - Chief Executive Officer Nathan Kroeker - Chief Financial Officer Conference Call Participants Chris Souther - B. Riley Chip Moore - ROTH James West - Evercore ISI Joseph Osha - Guggenheim Martin Malloy - Johnson Rice & Company Thomas Boyes - TD Cowen Vincent Anderson - Stifel Operator Good day, and thank you for standing by.

Eos Energy Enterprises, Inc. (EOSE) Q1 2024 Earnings Call Transcript

Eos Energy Enterprises, Inc. (EOSE) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to loss of $0.82 per share a year ago.

Eos Energy Enterprises, Inc. (EOSE) Reports Q1 Loss, Tops Revenue Estimates

Company successfully completes Factory Acceptance Testing on state-of-the-art manufacturing line 1; remains on schedule for Q2 commissioning Company successfully completes Factory Acceptance Testing on state-of-the-art manufacturing line 1; remains on schedule for Q2 commissioning

Eos Energy Enterprises Reports First Quarter 2024 Financial Results and Announces Successful Completion of Factory Acceptance Testing

EDISON, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced its participation at two upcoming investor conferences in June.

Eos Energy Enterprises Announces Participation in Upcoming Investor Conferences

Eos Energy Enterprises (EOSE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Eos Energy Enterprises, Inc. (EOSE) May Report Negative Earnings: Know the Trend Ahead of Q1 Release

EDISON, N.J., May 03, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced the results of its Annual Stockholders' Meeting, which was conducted virtually.

Eos Energy Announces Approval of All Proposals at 2024 Annual Stockholder Meeting

Continued progress against December 2023 Strategic Outlook, releases preliminary first quarter 2024 results, and announces first quarter financial results and conference call timing Continued progress against December 2023 Strategic Outlook, releases preliminary first quarter 2024 results, and announces first quarter financial results and conference call timing

Eos Energy Enterprises Provides Business Update

NEW YORK , March 25, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Eos Energy Enterprises, Inc. (NASDAQ: EOSE) on behalf of the company's shareholders.  The investigation seeks to determine whether Eos Energy Enterprises, Inc.'s directors breached their fiduciary duties in connection with recent corporate actions.

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