RSS Eos Energy Announces Prel 2024 Revenue Of $15 Million

[Crax Bot]

Eos Energy Enterprises, Inc. (EOSE), a U.S. company specializing in zinc-based long-duration energy storage systems, announced its preliminary revenue figures for 2024 and provided the revenue outlook for the current year.

For the entirety of 2024, ending on December 31, Eos projects it will achieve its updated revenue target of $15 million. This forecast is largely attributed to a notable increase in customer deliveries during the fourth quarter, following the resolution of supply chain issues related to the launch of the new Z3 Inline Energy Cube.

Looking forward, the company expects to generate revenues ranging from $150 million to $190 million, aligning with its Strategic Outlook issued in December 2023.

Currently, EOSE shares are trading at $6.30 on the Nasdaq, a rise of 21.06 percent or $0.10.

The material has been provided by InstaForex Company - www.instaforex.com

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