ESS Tech, Inc. (GWH) Reports Q3 Loss, Misses Revenue Estimates
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ESS Tech, Inc. (GWH) reported a Q3 loss of $1.90 per share, slightly better than the Zacks Consensus Estimate of a $1.97 loss, but worse than the $1.65 loss per share from a year ago. The company also missed revenue estimates.
November 13, 2024 | 11:30 pm
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ESS Tech, Inc. reported a Q3 loss of $1.90 per share, which was slightly better than expected but worse than the previous year's loss. The company also missed revenue estimates.
The reported loss per share was slightly better than the consensus estimate, which might have a minor positive effect. However, the fact that the loss was worse than the previous year and that revenue estimates were missed is likely to have a negative impact on the stock price in the short term.
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