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Eos Energy Enterprises Inc - EOSE STOCK NEWS

Welcome to our dedicated news page for Eos Energy Enterprises (Ticker: EOSE), a resource for investors and traders seeking the latest updates and insights on Eos Energy Enterprises.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Eos Energy Enterprises's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Eos Energy Enterprises's position in the market.

Rhea-AI Summary
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) announced a proposed underwritten public offering to sell shares of its common stock and accompanying common warrants. The offering is subject to market conditions and is managed by TD Cowen and Stifel. The securities are being offered pursuant to a registration statement on Form S-3 previously filed and declared effective by the Securities and Exchange Commission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-32.74%
Tags
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Rhea-AI Summary
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) and Pine Gate Renewables have signed an MOU to expand their partnership with a minimum additional volume of 500MWh. The partnership reflects positive collaboration and trust between the two companies and represents the future potential of American-manufactured energy storage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.14%
Tags
partnership
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Rhea-AI Summary
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) will host a strategic outlook call on December 12, 2023, at 11 a.m. Eastern Time, as a precursor event to the Company’s Investor Day tentatively scheduled for Q2 2024. The webcast replay will be available on the Company’s Investor Relations website for twelve months following the live presentation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.2%
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none
Rhea-AI Summary
Eos Energy Enterprises, Inc. announced financial results for Q3 2023, with revenue of $0.7 million and a cost of goods sold decrease of 57% YoY. The company reported operating expenses of $17.3 million and a cash balance of $58.0 million. Booked orders for the first nine months of 2023 were $92.7 million, resulting in an order backlog of $539 million. The company provided an update to its 2023 outlook, expecting lower revenue and booked orders due to focusing on customer commitments and manufacturing line launch. Eos also received a conditional commitment for a $399 million loan from the DOE LPO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.14%
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Rhea-AI Summary
Eos Energy Enterprises, Inc. will release its Q3 2023 financial results on November 6, 2023, followed by a conference call on November 7. CEO Joe Mastrangelo will be speaking at an energy event on November 8. The earnings call will be available via webcast and phone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Eos Energy Enterprises, Inc. announces release of Q3 2023 financial results and strategic update call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.85%
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Rhea-AI Summary
Former Enphase executive Jeff McNeil joins Eos Energy's Board of Directors
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.25%
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management
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Rhea-AI Summary
Eos selected for Dominion Energy's Darbytown Storage Pilot Project, contributing 16 MWh of storage. Eos Z3 system provides flexible long-duration storage for renewable energy. Project could store up to 11 MW of electricity, powering 2,750 homes. Eos batteries are nonflammable and have minimal risk of thermal runaway.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.26%
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none
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Rhea-AI Summary
Dominion Energy proposes battery storage pilot project with longer-duration batteries that could significantly increase discharge time to the grid. Technologies from Form Energy and Eos Energy Enterprises offer potential energy discharge for up to 100 hours. Project aligns with company's clean energy initiatives. Construction to begin by late 2024 if approved.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
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none
Rhea-AI Summary
Eos Energy Enterprises, Inc. announces participation in upcoming investor and industry events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.97%
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conferences
Eos Energy Enterprises Inc

Nasdaq:EOSE

EOSE Rankings

EOSE Stock Data

179.30M
197.91M
2.47%
55.04%
21.93%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States
Edison

About EOSE

powering the dawn of energy storage eos’ mission is to deliver energy storage solutions that make clean, safe, reliable electricity affordable and accessible to all. through innovation in batteries, eos is powering a new dawn of energy storage and a sustainable energy future. eos’ proprietary rechargeable zinc hybrid cathode battery will initially be sold for $160/kwh, and is electrically rechargeable with a life of over 5,000 cycles (15 years) with a full duty cycle and at full depth of discharge.