Eos Energy Enterprises Announces Date for Fourth Quarter and Full Year 2024 Financial Results
February 18 2025 - 8:00AM
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the
“Company”), America’s leading innovator in designing,
manufacturing, and providing zinc-based long duration energy
storage systems sourced and manufactured in the United States,
today announced it will release its fourth quarter and full year
2024 financial results after the U.S. market closes on March 4,
2025. A conference call to discuss its results will take place the
following morning on March 5 at 8:30 a.m. Eastern Time.
Eos is now partnering with Say Technologies to
allow retail and institutional shareholders to submit and vote on
questions ahead of the earnings call. A selection of key questions
applicable to the broad investor base will be addressed live during
the call, offering shareholders an opportunity to engage with Eos
management.
Starting on February 25, 2025, at 8:00 a.m. ET,
registered shareholders will be able to submit questions via the
Say Technologies Q&A Platform, which will remain open until
8:00 a.m. ET on March 3, 2025. For any support inquiries
shareholders may email support@saytechnologies.com.
Registration Information
The live webcast of the earnings call will be
available on the “Investor Relations” page of the Company’s website
at Eos Investors or may be accessed using this link
(registration link). To avoid delays, we encourage participants to
join the conference call fifteen minutes ahead of the scheduled
start time.
The conference call replay will be available via
webcast through Eos’ investor relations website for twelve months
following the live presentation. The webcast replay will be
available from approximately 11:30 a.m. ET on March 5, 2025, and
can be accessed by visiting Eos Investors
About Eos Energy
Enterprises
Eos Energy Enterprises, Inc. is accelerating the
shift to American energy independence with positively ingenious
solutions that transform how the world stores power. Our
breakthrough Znyth™ aqueous zinc battery was designed to overcome
the limitations of conventional lithium-ion technology. It is safe,
scalable, efficient, sustainable, manufactured in the U.S., and the
core of our innovative systems that today provides utility,
industrial, and commercial customers with a proven, reliable energy
storage alternative for 3 to 12-hour applications. Eos was founded
in 2008 and is headquartered in Edison, New Jersey. For more
information about Eos (NASDAQ: EOSE), visit eose.com.
Contacts |
Investors: |
ir@eose.com |
Media: |
media@eose.com |
|
Forward Looking Statements
Except for the historical information contained
herein, the matters set forth in this press release are
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include, but are not limited to,
statements regarding our path to profitability and strategic
outlook, statements regarding our capital needs to support project
AMAZE, statements regarding the anticipated use of proceeds from
the delayed draw term loan with Cerberus, and statements that refer
to outlook, projections, forecasts or other characterizations of
future events or circumstances, including any underlying
assumptions. The words "anticipate," "believe," "continue,"
"could," "estimate," "expect," "intends," "may," "might," "plan,"
"possible," "potential," "predict," "project," "should," "would"
and similar expressions may identify forward-looking statements,
but the absence of these words does not mean that a statement is
not forward-looking. Forward-looking statements are based on our
management’s beliefs, as well as assumptions made by, and
information currently available to, them. Because such statements
are based on expectations as to future financial and operating
results and are not statements of fact, actual results may differ
materially from those projected.
Factors which may cause actual results to differ
materially from current expectations include, but are not limited
to: changes adversely affecting the business in which we are
engaged; our ability to forecast trends accurately; our ability to
generate cash, service indebtedness and incur additional
indebtedness; our ability to achieve the operational milestones on
the delayed draw term loan; our ability to raise financing in the
future, including the discretionary revolving facility from
Cerberus; risks associated with the credit agreement with Cerberus,
including risks of default, dilution of outstanding Common Stock,
consequences for failure to meet milestones and contractual lockup
of shares; our customers’ ability to secure project financing; the
amount of final tax credits available to our customers or to Eos
pursuant to the Inflation Reduction Act; uncertainties around our
ability to meet the applicable conditions precedent to funding
under the DOE loan; our ability to continue to develop efficient
manufacturing processes to scale and to forecast related costs and
efficiencies accurately; fluctuations in our revenue and operating
results; competition from existing or new competitors; our ability
to convert firm order backlog and pipeline to revenue; risks
associated with security breaches in our information technology
systems; risks related to legal proceedings or claims; risks
associated with evolving energy policies in the United States and
other countries and the potential costs of regulatory compliance;
risks associated with changes to the U.S. trade environment; risks
resulting from the impact of global pandemics, including the novel
coronavirus, Covid-19; our ability to maintain the listing of our
shares of common stock on NASDAQ; our ability to grow our business
and manage growth profitably, maintain relationships with customers
and suppliers and retain our management and key employees; risks
related to the adverse changes in general economic conditions,
including inflationary pressures and increased interest rates; risk
from supply chain disruptions and other impacts of geopolitical
conflict; changes in applicable laws or regulations; the
possibility that Eos may be adversely affected by other economic,
business, and/or competitive factors; other factors beyond our
control; risks related to adverse changes in general economic
conditions; and other risks and uncertainties.
The forward-looking statements contained in this
press release are also subject to additional risks, uncertainties,
and factors, including those more fully described in the Company’s
most recent filings with the Securities and Exchange Commission,
including the Company’s most recent Annual Report on Form 10-K and
subsequent reports on Forms 10-Q and 8-K. Further information on
potential risks that could affect actual results will be included
in the subsequent periodic and current reports and other filings
that the Company makes with the Securities and Exchange Commission
from time to time. Moreover, the Company operates in a very
competitive and rapidly changing environment, and new risks and
uncertainties may emerge that could have an impact on the
forward-looking statements contained in this press release.
Forward-looking statements speak only as of the
date they are made. Readers are cautioned not to put undue reliance
on forward-looking statements, and, except as required by law, the
Company assumes no obligation and does not intend to update or
revise these forward-looking statements, whether as a result of new
information, future events, or otherwise.
Eos Energy Enterprises (NASDAQ:EOSE)
Historical Stock Chart
From Jan 2025 to Feb 2025
Eos Energy Enterprises (NASDAQ:EOSE)
Historical Stock Chart
From Feb 2024 to Feb 2025