NASDAQ$EOSE

Eos Energy Enterprises Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Eos Energy Enterprises acquisition of Eos Energy Storage was consummated.

Eos Energy Enterprises completed its acquisition of Eos Energy Storage on November 16, 2020. The business combination was accounted for as a reverse recapitalization, with Eos as the accounting acquirer. Upon closing, the company had 49,813,547 shares of common stock outstanding.

  • Eos Energy Enterprises (formerly B. Riley Principal Merger Corp. II) acquired Eos Energy Storage on November 16, 2020.
  • The business combination was completed pursuant to the Merger Agreement dated September 7, 2020.
  • The transaction was accounted for as a reverse recapitalization, with no goodwill or other intangible assets recorded.
  • Upon closing, the company had 49,813,547 shares of common stock outstanding.

Headline financials

Total Revenue

$35K

No prior period
EPS (adj)

-$0.00

No prior period
Capital Expenditures

$438K

No prior period
Free Cash Flow

-$619K

No prior period
Net Income

-$25.9M

Previous: -$18.5M-40.2%
Operating Income

-$14.3M

Previous: -$5.31M-168.8%
Gross Profit

-$6.02M

Previous: -$1.59M-278.4%
Cash & Equivalents

$6.53M

No prior period
Total Assets

$177M

No prior period
Stock-Based Comp

$214K

No prior period

Revenue & EPS history

Eos Energy · Revenue · Quarterly

$35K

Q3 2020
Beat estimate in 4 of 10 quarters(40%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-3.5%

Avg return

Earnings day

-2.6%

Avg return

5 days after

+1.2%

Avg return

30 days after

48%

12 / 25 earnings

Positive

+31.7%

Q1 2025

Best reaction

-39.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%-8.2%
Q4 2025-39.3%-45.6%-56.3%
Q3 2025+2.8%+24.6%+0.9%
Q1 2025+31.7%+25.6%-23.8%
Q4 2024+26.1%+0.0%-3.0%
Q3 2024-12.7%-8.6%+5.1%
Q2 2024-19.0%-15.1%+30.2%
Q1 2024+0.3%-0.8%+30.4%
Q4 2023+5.9%+2.0%-5.6%
Q3 2023-32.0%-35.0%-44.2%
Q2 2023+16.3%+25.1%+5.4%
Q1 2023+12.0%+27.1%+47.9%
Q4 2022-22.8%-18.4%+3.1%
Q3 2022-17.0%-21.6%-24.8%
Q2 2022-12.8%+2.3%-36.2%
Q1 2022-27.7%-26.7%+8.9%
Q4 2021-7.1%-16.0%+39.7%
Q3 2021-0.3%-0.1%-28.2%
Q2 2021-7.3%-11.6%-16.7%
Q1 2021-8.9%+3.4%+70.8%
Q2 2020+9.9%+3.6%-6.2%
Q4 2020+9.9%+3.6%-6.2%
Q3 2020-2.1%+30.0%+35.1%
Q1 2020+2.0%
Q4 2019+2.0%
Q3 2019
Q2 2019
Q1 2019

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