Eos Energy Enterprises ( (EOSE) ) just unveiled an announcement.
Eos Energy Enterprises announced its preliminary revenue results for 2024, meeting its revised guidance of $15 million, driven by overcoming supply chain bottlenecks and enhanced supplier performance. Looking forward, the company anticipates significant revenue growth in 2025, with projections between $150 million and $190 million, supported by increased production capacity and a diversified supply chain. The company has also launched a comprehensive insurance program to enhance technology bankability and provide greater operational and economic certainty, aiming to become a leading American-made supplier in the energy storage sector.
More about Eos Energy Enterprises
Eos Energy Enterprises, Inc., founded in 2008 and headquartered in Edison, New Jersey, is a leading innovator in zinc-based long duration energy storage systems. These systems are designed to offer a safe, scalable, and sustainable alternative to conventional lithium-ion technology for utility, industrial, and commercial customers, supporting energy storage applications of 3 to 12 hours.
YTD Price Performance: -5.97%
Average Trading Volume: 8,319,048
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1B
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