Eos Energy Announces 2024 Revenue Of $15 Mln, Sets 2025 Target

(RTTNews) - Eos Energy Enterprises, Inc. (EOSE), a U.S.-based innovator in zinc-based long-duration energy storage systems, Thursday, announced its preliminary revenue results for 2024 and shared its revenue projections for 2025.

For the full year ending December 31, 2024, Eos expects to meet its revised revenue guidance of $15 million. This performance was largely driven by a significant uptick in customer deliveries during the fourth quarter. The improved delivery rates stemmed from the resolution of previous supply chain bottlenecks related to the new Z3 Inline Energy Cube.

Looking ahead to 2025, Eos anticipates revenues of between $150 million and $190 million, consistent with its December 2023 Strategic Outlook.

EOSE closed Thursday's trading at $6.16 up 18.46 percent or $0.96 on the Nasdaq.