Eos Energy Enterprises Reaffirms 2026 Revenue Guidance and Targets Margin Improvement
Eos Energy Enterprises (EOSE) reported a strong third quarter, achieving its highest production volume to date. CEO Joseph Mastrangelo noted that the company is successfully driving down product costs while managing an evolving backlog. Looking ahead, the company reaffirmed its 2026 revenue guidance of $300 million to $325 million. Management also provided specific targets for adjusted gross margins in Q4 2026, aiming to improve them from -25% to a range of -25% to -20%.
Tickers: $EOSE
Topics: backlog earnings call operating performance production volume