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Eos Energy Enterprises Reports Smaller Q1 Loss

05/12/2021 04:22

08:11 AM EDT, 05/12/2021 (MT Newswires) -- Eos Energy Enterprises (EOSE) on Wednesday reported a Q1 net loss of $0.42 per share, compared with $2.38 loss per share a year ago.

Revenue amounted $164,000 for the March quarter, compared with an estimate from two analysts of $1.32 million. Eos did not report any revenue a year earlier.

Looking ahead, the storage battery manufacturer reiterated its full-year 2021 revenue guidance of $50 million. That compares with the Street estimate of $46.1 million.

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