ESS Tech reports YTD revenue of $4.7M (+700% YoY), guides FY23 revenue to $9M, announces strategic Honeywell partnership

ESS Tech, Inc.

2023-Q3 EPS reported -$0.40 revenue$4,744,000

YTD revenue $4.7M, up ~700% YoY; expects Q4 revenue material increase leading to ~$9M full year.
Honeywell invests $42.5M and targets $300M product purchases over coming years; ESS will integrate Honeywell's flow-battery IP.
Completed commissioning of six Energy Warehouse systems for SMUD; multi-year agreement for up to 2 GWh of storage.
Finalizing agreement with LEAG for 500 MWh iron flow battery system in Germany, with potential for up to 20 GWh green-energy hub.
Appointed Jeff Loebbaka as CCO and Harry Quarls as Chairman of the Board.

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

ESS Tech, Inc. reported financial results for third quarter ended September 30, 2023.

Period: third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 7, 2023 , ESS Tech, Inc. (the “Company”) issued a press release announcing financial results for the quarter ended September 30, 2023.

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

ESS Tech, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-037344

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