Eos Energy Q2 2023 revenue drops to $0.2M; orders backlog rises 17% to $533.6M

Eos Energy Enterprises, Inc.

2023-Q2 EPS reported -$1.99 revenue$9,084,000

Revenue $0.2M vs $5.9M in Q2 2022 as company transitions to Eos Z3 system.
Cost of goods sold $11.2M, down 69% YoY; operating expenses $23.6M, down 11%.
Cash balance $23.2M, up from $16.1M at March 31, 2023.
Booked $86.9M orders in H1 2023; total backlog $533.6M, up 17% YoY.
Progressing on DOE Title XVII loan; anticipates conditional approval decision near term.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Eos Energy Enterprises, Inc. reported the quarter ended June 30, 2023 results: revenue $0.2 million.

Period: the quarter ended June 30, 2023
Revenue: $0.2 million
Result: reported results

Exact text from the filing

efficient, and sustainable zinc-based long duration energy storage systems, today announced financial results for the second quarter ended June 30, 2023. Key Highlights † $0.2 million of revenue, compared to $5.9 million in 2Q 2022, as the Company strategically transitions manufacturing to the Eos Z3TM energy storage system. † Cost of Goods Sold of $11.2

View on SEC.gov

59 earnings releases filed in the last 30 days. Browse all earnings releases →

Eos Energy Enterprises, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-029435

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.