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Eos Energy Enterprises Reports First Quarter 2024 Financial Results and Announces Successful Completion of Factory Acceptance Testing
Newsfilter· 2024-05-14 20:02
First Quarter Highlights Eos Chief Executive Officer Joe Mastrangelo said, "We've now shipped over 110 Z3 Cubes to five separate customers since the first shipment in late September. It's an incredible testament to the work of the entire Eos team, considering that last year we were still manufacturing Gen 2.3 and were yet to launch the Z3. I'm incredibly proud of the work this team has accomplished and where we stand today." Mastrangelo concluded, "We've made tremendous progress toward the goals outlined on ...
Eos Energy Enterprises Announces Participation in Upcoming Investor Conferences
Newsfilter· 2024-05-09 11:30
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. Chief Executive Officer Joe Mastrangelo and Chief Financial Officer Nathan Kroeker will be attending and presenting at the Stifel Cross Sector Insight Conference in Boston on Wednesday, June 5, 2024. Mr ...
Eos Energy Enterprises, Inc. (EOSE) May Report Negative Earnings: Know the Trend Ahead of Q1 Release
Zacks Investment Research· 2024-05-07 15:01
The market expects Eos Energy Enterprises, Inc. (EOSE) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand ...
Eos Energy Announces Approval of All Proposals at 2024 Annual Stockholder Meeting
Newsfilter· 2024-05-03 12:30
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. "We are deeply grateful for the continued support of our stockholders," said Joe Mastrangelo, CEO of Eos. "We are currently working to bring our first state-of-the-art manufacturing line ...
Eos Energy (EOSE) Q4 Earnings Beat Estimates, Revenues Up Y/Y
Zacks Investment Research· 2024-03-06 17:56
Eos Energy Enterprises (EOSE) reported an adjusted loss of 16 cents per share in fourth-quarter 2023, which beat the Zacks Consensus Estimate of a loss of 22 cents per share. The company had reported a loss of 68 cents per share in the fourth quarter of 2022.Eos transitioned its entire manufacturing capacity from Gen 2.3 to the new Eos Z3 Cube. Operational benefits associated with the Z3 battery design that provides improved power density along with lower unit costs from its simpler mechanical design have s ...
Eos Energy Enterprises(EOSE) - 2023 Q4 - Earnings Call Transcript
2024-03-05 16:37
Eos Energy Enterprises, Inc. (NASDAQ:EOSE) Q4 2023 Earnings Conference Call March 5, 2024 8:30 AM ET Company Participants Liz Higley - Director of IR Joseph Mastrangelo - CEO Nathan Kroeker - CFO Conference Call Participants Christopher Souther - B. Riley Securities Chip Moore - ROTH MKM Martin Malloy - Johnson Rice & Company Thomas Boyes - TD Cowen Thomas Curran - Seaport Research Partners Joseph Osha - Guggenheim Securities Operator Good morning, and welcome to Eos Energy Enterprises Fourth Quarter and Fu ...
Eos Energy Enterprises(EOSE) - 2023 Q4 - Earnings Call Presentation
2024-03-05 13:22
This presentation may contain trademarks, service marks, trade names and copyrights of other companies, which are the property of their respective owners. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this presentation may be listed without the TM, SM © or ® symbols, but Eos will assert, the fullest extent under applicable law, the rights of the applicable owners, if any, to these trademarks, service marks, trade names and copyrights. Znyth, Eos Zny ...
Eos Energy Enterprises Reports Fourth Quarter & Full Year 2023 Financial Results and Provides 2024 Outlook
Newsfilter· 2024-03-04 21:01
EDISON, N.J., March 04, 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 fourth quarter and full year ended December 31, 2023, and announced 2024 outlook. Fourth Quarter Highlights Revenue totaled $6.6 million, a 148% increase compared to prior year, as the Company fully transitioned production to the Eos Z3TM ...
Eos Energy Enterprises(EOSE) - 2023 Q4 - Annual Report
2024-03-03 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 EOS ENERGY ENTERPRISES, INC. Delaware 001-39291 84-4290188 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 3920 Park Avenue Edison, New Jersey 08820 ...
Why Eos Energy (EOSE) Might Surprise This Earnings Season
Zacks Investment Research· 2024-02-29 15:01
Investors are always looking for stocks that are poised to beat at earnings season and Eos Energy Enterprises, Inc. (EOSE) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Eos Energy is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a p ...