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$EOSE
Eos Energy guides for Q1 revenues of $56M-$57M on record battery output
Eos Energy Enterprises (EOSE) up 8.9% pre-market Thursday after saying it expects to report preliminary Q1 revenues of $56M-$57M, as record shipments and manufacturing output showed continued progress in the company's operational scaling.
Eos (EOSE) also reported quarterly records for shipments, up 17% Q/Q; battery output, up 10.4% Q/Q; and bipolar output, up 10.6% Q/Q.
The company also said bi-polar automation yields improved 22% Q/Q, indicating increased process stability and manufacturing consistency.
Eos (EOSE) said it successfully completed factory acceptance testing for its second battery production line, with initial production targeted for the end of Q2.
Line 2 was purpose-built to expand manufacturing capacity while increasing efficiency, the company said, with enhancements including a single-piece flow configuration, increased process redundancy, and advanced pick-and-place gantry systems to enable faster cycle times and repeatability.