Eos Energy (EOSE) Q4 Earnings Beat Estimates, Revenues Up Y/Y

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 ...