Reports Q1 revenue $10.46M, consensus $11.77M. “The Eos team delivered solid operating results. We are starting to see the product cost-out benefits combined with higher manufacturing output,” said Joe Mastrangelo, Eos Chief Executive Officer. “Year-to-date, the team has already surpassed total 2024 shipments, and during Q1 the operations team set production records across all key processes showing the ability to scale operations. We continue to position the Company for long-term profitable growth and believe that American-made long duration energy storage will play a critical role in helping the country achieve energy independence.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EOSE:
- Eos Energy Enterprises, Inc. options imply 14.3% move in share price post-earnings
- EOSE Earnings this Week: How Will it Perform?
- Eos Energy Enterprises, Inc. call volume above normal and directionally bullish
- Big banks report Q1 beats, China stops taking Boeing deliveries: Morning Buzz
- Eos Energy, Frontier Power announce 5 GWh MOU