earnings
confidence high
sentiment neutral
materiality 0.70
Eos Energy meets 2024 revenue guidance; Q4 revenue $7.3M, backlog $682M; reaffirms 2025 revenue $150M-$190M
Eos Energy Enterprises, Inc.
- Q4 revenue $7.3M (+10% YoY); full-year revenue $15.6M, in line with revised guidance.
- Q4 net loss $268.1M (non-cash mark-to-market hit); adjusted EBITDA loss $44.6M.
- Cerberus DDTL fully funded ($210.5M); DOE loan $303.5M closed, first draw $68.3M.
- Order backlog $682M (+28% YoY); commercial pipeline $14.4B.
- CEO appoints Nathan Kroeker as CCO; Eric Javidi joins as CFO.