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Eos Energy Announces Compliance with Nasdaq Continued Listing Criteria
Newsfilter· 2024-07-11 20:01
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 t ...
Eos Energy Successfully Launches Commercial Production on First State-of-the-Art Manufacturing Line
GlobeNewswire News Room· 2024-07-01 12:00
TURTLE CREEK, Pa., July 01, 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 successfully launched commercial production on its first state-of-the-art (SotA) manufacturing line after being installed and commissioned in Turtle Creek, Pennsylvania, propelling the Company's ability to produce Eos Z3TM batteries at scale. This press re ...
Eos Energy Announces Strategic Investment of up to $315.5 Million from Cerberus to Propel Eos' Expansion and Path to Profitability
GlobeNewswire News Room· 2024-06-24 12:00
TURTLE CREEK, Pa. and NEW YORK, June 24, 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 strategic investment of up to $315.5 million from an affiliate of Cerberus Capital Management LP ("Cerberus"), to support its growth plans during a secular shift in global energy markets. The demand for safe alternatives to incumbent battery te ...
Eos Energy Announces Strategic Investment of up to $315.5 Million from Cerberus to Propel Eos' Expansion and Path to Profitability
Newsfilter· 2024-06-24 12:00
TURTLE CREEK, Pa. and NEW YORK, June 24, 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 strategic investment of up to $315.5 million from an affiliate of Cerberus Capital Management LP ("Cerberus"), to support its growth plans during a secular shift in global energy markets. The demand for safe alternatives to incumbent battery tec ...
Eos Energy Enterprises(EOSE) - 2024 Q1 - Earnings Call Presentation
2024-05-15 15:17
40% 32% 7% 13% ✓ Feasibility study ✓ Develop project plan ✓ Monitor regulations ✓ Clear project requirements ✓ Gather customer specs ✓ Analyze use cases ✓ Commercial & technical proposal ✓ Finalize commercial terms ✓ Contract negotiation ✓ Letter of intent ✓ Open closing conditions ✓ Binding agreement ✓ Open closing conditions ✓ Purchase orders and/or MSA with down payment 8 Commercial Opportunity Pipeline & Orders Backlog Current Commercial Activity Q1 LOI conversion increased commercial backlog to over $6 ...
Eos Energy Enterprises, Inc. (EOSE) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-14 22:16
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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.17%. A quarter ago, it was expected that this company would post a loss of $0.22 per share when it actually produced a loss of $0.16, delivering a surprise of 27.27%. Over the last four quarters, the compan ...
Eos Energy Enterprises(EOSE) - 2024 Q1 - Quarterly Report
2024-05-14 20:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (732) 225-8400 Registrant's telephone number, including area code Commission file number 001-39291 EOS ENERGY ENTERPRISES, INC. (Exact name of registrant as specified ...
Eos Energy Enterprises(EOSE) - 2024 Q1 - Quarterly Results
2024-05-14 20:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 3920 Park Avenue Edison, New Jersey 08820 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (732) 225-8400 N/A Date of Report (Date of earliest event reported): May 14, 2024 EOS ENERGY ENTERPRISES, INC. (Exact name of registrant as specified in its charter) Delaware 001-39291 84-42 ...
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 ...