secwatch.observer — SEC 8-K summary
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Issuer:     Eos Energy Enterprises, Inc. (EOSE)
CIK:        0001805077
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001628280-23-037051
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eos Energy Q3 revenue $0.7M vs $6.1M YoY; cuts 2023 guidance; gets $399M DOE loan
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- Revenue $0.7 million in Q3 2023, down from $6.1 million in Q3 2022; first Eos Z3 system shipped.
- Cost of goods sold $21.3 million; operating expenses $17.3 million; cash $58.0 million at quarter end.
- Received $399 million DOE LPO conditional commitment to scale production to 8 GWh by 2026.
- Booked orders $92.7 million YTD; backlog $539 million, up 19% YoY.
- 2023 revenue and booked orders guidance lowered; reaffirmed 15% product cost reduction target from Z3 launch.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805077/000162828023037051/0001628280-23-037051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805077/000162828023037051/eose-20231106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037051

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