Eos Energy Enterprises Q1 2023 Earnings Report

Eos Energy Enterprises EPS Results

• Actual EPS: -$0.82
• Consensus EPS: -$0.54
• Beat/Miss: Missed by -$0.28
• One Year Ago EPS: N/A

Eos Energy Enterprises Revenue Results

• Actual Revenue: $8.84 million
• Expected Revenue: $3.17 million
• Beat/Miss: Beat by +$5.67 million
• YoY Revenue Growth: N/A

Eos Energy Enterprises Announcement Details

• Quarter: Q1 2023
• Date: 5/9/2023
• Time: N/A

Eos Energy Enterprises (NASDAQ:EOSE) designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility. Its flagship product is Gen 2.3 battery module. In addition, the company offers Z3 battery module that provides utilities, independent power producers, renewables developers, and C&I customers with an alternative to lithium-ion and lead-acid monopolar batteries for critical 3- to 12-hour discharge duration applications; battery management system, which provides a remote asset monitoring capability and service to track the performance and health of BESS and identify future system performance issues through predictive analytics; and project management and commissioning services, as well as long-term maintenance plans. Eos Energy Enterprises, Inc. is headquartered in Edison, New Jersey.