Eos Energy reports Q3 adjusted EPS (44c), consensus (18c)

Reports Q3 revenue $854,000, consensus $6.48M. “We remain proud of the significant progress and momentum we’ve made within the business, despite the short-term enclosure supply chain challenges. We have successfully reached our second set of performance milestones and secured additional funding, all while focusing on converting our growing pipeline into firm orders. Project AMAZE, together with our strategic partnership with Cerberus, is rapidly enhancing Eos’ capabilities and bankability,” said Eos CEO Joe Mastrangelo. “Z3 system delivery delays have not impacted positive customer sentiment, which is a testament to the growing affirmation of our product and the quality of customer relationships we have developed.”