earnings
confidence high
sentiment positive
materiality 0.85
Eos Energy achieves FY2024 rev guidance of $15M; FY2025 outlook $150-190M
Eos Energy Enterprises, Inc.
2024-FY EPS reported
-$4.55
revenue$15,606,000
- Preliminary FY2024 revenue of ~$15M, meeting revised guidance; driven by Z3 Inline Cube deliveries.
- FY2025 revenue outlook of $150M-$190M, at least 10x growth; driven by production ramp and supply chain strengthening.
- Supply chain bottleneck resolved with existing and new supplier capacity.
- On track to achieve next Cerberus milestones on Jan 31, 2025 to unlock next funding round.
- Launched insurance program with Ariel Re for ITC/performance guarantee backstop.