Streetbeat News

EOSE

Eos Energy Enterprises, Inc.

https://www.eosenergystorage.com

Industry

Electrical Equipment & Parts

Eos Energy Enterprises, Inc. designs, manufactures, and deploys battery storage solutions for utility, commercial and industrial, and renewable energy markets in the United States. It offers stationary battery storage solutions. The company's flagship product is the Eos Znyth DC battery system designed to meet the requirements of the grid-scale energy storage market. Eos Energy Enterprises, Inc. was founded in 2008 and is headquartered in Edison, New Jersey.

Open

2.23

Mkt cap

477M

Volume

15M

High

2.29

P/E Ratio

-0.89

52-wk high

3.66

Low

2.16

Div yield

N/A

52-wk low

0.61

Eos Energy Enterprises reported disappointing Q3/2024 results with lower-than-expected revenues and high cash usage. Supply chain issues are impacting sales, leading to lowered full-year expectations. A covenant breach under a credit facility was waived.

Portfolio Pulse from

November 15, 2024 | 3:45 am

Eos Energy Enterprises, Inc. held its Q3 2024 earnings call, discussing financial performance and future outlook. Key participants included CEO Joe Mastrangelo and CFO Nathan Kroeker, with analysts from major financial firms attending.

Portfolio Pulse from

November 06, 2024 | 8:00 pm

Eos Energy Enterprises, Inc. (EOSE) reported a larger-than-expected loss for Q3, with a loss of $0.44 per share compared to the Zacks Consensus Estimate of a $0.16 loss. This is a significant increase from the $0.05 loss per share reported a year ago.

Portfolio Pulse from

November 05, 2024 | 11:30 pm

Theriva Biologics, Atlassian, and Eos Energy Enterprises see stock price increases due to positive developments. Theriva Biologics is a finalist for Merck KGaA's grant, Atlassian reports strong Q1 results and guidance, and Eos Energy achieves performance milestones unlocking additional funding.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:20 pm

In Friday's pre-market session, several industrial stocks experienced significant movements. Notable gainers include Nuburu, Interface, and MasTec, with increases linked to earnings reports. MDU Resources saw a major decline, while other stocks like Advent Technologies and nVent Electric also faced losses.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 12:11 pm

Several industrial stocks experienced significant movements in Friday's pre-market session. Notable gainers include Nuburu, Interface, Amprius Technologies, MasTec, Perma-Fix Environmental Services, and Eos Energy Enterprises. On the losing side, MDU Resources Group, Advent Technologies Holdings, 1847 Holdings, YY Group Holding, Solidion Technology, and nVent Electric saw declines.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 12:11 pm

Eos Energy Enterprises shares rose after the company announced it met its second set of performance milestones, unlocking an additional $65 million from a delayed draw term loan.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:07 am

In Thursday's after-market session, Eos Energy Enterprises, ConnectM Technology, Vast Renewables, Antelope Ent Holdings, Sun Country Airlines, and New Horizon Aircraft saw stock price increases, while Asure Software, Advent Technologies Holdings, 1847 Holdings, VSE, Knightscope, and Xos experienced declines. Notably, Asure Software's stock fell significantly following its Q3 earnings release.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 8:34 pm

Eos Energy Enterprises shares rose after the company announced it met its second set of performance milestones, unlocking an additional $65 million from a delayed draw term loan.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:30 pm

Eos Energy Enterprises, Inc. has achieved the second set of performance milestones related to Cerberus Capital Management's strategic investment, allowing it to draw an additional $65 million from a Delayed Draw Term Loan.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:12 pm

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