Eos Energy Enterprises Q4 Earnings Call Highlights

Equipment downtime ran “well above” expectations and industry norms. Mahaz said best-in-class operations target roughly 10% downtime, but Eos was closer to the “mid 30% range” as utilization increased. He said fixes were made across robotics, hardware, controls, maintenance schedules, and spare parts, and downtime has “improved significantly” in early Q1.Automated bipolar production quality took longer than expected to hit targets, driving rework and lost revenue; the company improved tooling, reduced varia ...

Eos Energy Enterprises Q4 Earnings Call Highlights - Reportify