8-K
filed March 4, 2024, 6:59 PM ET
ticker EOSE
CIK 0001805077
earnings
confidence high
sentiment positive
materiality 0.70
Eos Q4 rev $6.6M (+148% YoY); FY 2024 rev guidance $60-$90M
Eos Energy Enterprises, Inc.
- Q4 revenue $6.6M, up 148% YoY; full-year FY23 revenue $16.4M vs $17.9M prior year.
- Gross margin improved 41% YoY; cost of goods sold $89.8M, down $63.5M.
- Cash balance $69.5M; commercial pipeline $13B, backlog $534.8M (15% increase).
- 2024 outlook: revenue $60-$90M; positive contribution margin expected in Q4 2024.
- SotA line 1 commissioning on track for Q2 2024; 100th Z3 Cube produced in <5 months.
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 full year ended December 31, 2023 results: revenue $16.4 million. Guidance initiated.
- Period
- the full year ended December 31, 2023
- Revenue
- $16.4 million
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Full Year Highlights + Revenue totaled $16.4 million, compared to $17.9 million in the prior year
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Eos Energy Enterprises, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $6.6 million. Guidance initiated.
- Period
- the fourth quarter ended December 31, 2023
- Revenue
- $6.6 million
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Fourth Quarter Highlights + Revenue totaled $6.6 million; a 148% increase compared to prior year
View on SEC.gov
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