Eos Energy narrows FY25 revenue view to $150M-$160M from $150M-$190M

Consensus $145.87M. The company said, “The Company expects full year revenue in the range of $150 million to $160 million, consistent with the low end of its previously forecasted range. In recent months, Eos has advanced the implementation of subassembly automation at its Turtle Creek manufacturing facility, with all equipment now on site and 88% of its bipolar lines in commercial production. This automation, combined with increasing throughput on the Company’s first state-of-the-art manufacturing line, positions Eos to ramp production to an annualized rate of 2 GWh per year by year-end 2025 and more than triple its output in the fourth quarter.”