Eos Energy Enterprises (NASDAQ:EOSE) has released its Q4 2024 earnings report on March 4, 2025.
Earnings Overview
- Stock Price: $4.61, an increase of $0.67 (+16.90%) as of 10:49 AM Eastern Time.
- Earnings Per Share (EPS): The actual EPS was -$2.20, while the consensus EPS was expected to be -$0.18, resulting in a miss by $2.02.
- Revenue: The company reported an actual revenue of $7.30 million, exceeding expectations of $6.54 million, with a positive variance of $758,000.
Earnings Announcement Details
- Quarter: Q4 2024
- Announcement Date: March 4, 2025
- Time: After market closes
Conference Call Resources
- Conference Call: Details regarding the earnings call can be found in the slide deck, press release, and SEC filing available on the company’s website.
Recent Developments
- On March 4, 2025, Eos Energy Enterprises announced the strengthening of its executive leadership to drive growth in American-made energy storage solutions.
- The company secured a strategic project at Naval Base San Diego, enhancing U.S. national security through its energy storage solutions.
Company Profile
Eos Energy Enterprises (NASDAQ:EOSE) specializes in designing, manufacturing, and marketing zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company’s Znyth technology battery energy storage system (BESS) offers the operational flexibility required to navigate increased grid complexity and price volatility.
Its flagship product, the Gen 2.3 battery module, along with the Z3 battery module, provides users—such as utilities and independent power producers—with alternatives to lithium-ion and lead-acid batteries for applications requiring critical 3- to 12-hour discharge durations. Eos also offers a battery management system for remote monitoring and performance tracking, alongside project management, commissioning services, and long-term maintenance plans. The company is headquartered in Edison, New Jersey.
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Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/eos-energy-enterprises-reports-q4-2024-earnings-key-highlights-and-future-outlook/
