On 06 July 2022, Eos Energy announced the signing of two significant orders with Bridgelink Commodities and a leading Northeast solar developer – more than doubling their backlog to over $460m.
Their market cap closed the last week of July at $185.5m (with shares valued at $3.17) – but are still significantly below their peak of over $28 in January 2021.
Eos Energy's revenue for Q1 was a small record of $3.30m (up from $0.16m in last year's quarter) – while their net loss more than doubled over the same time frame to a deep net loss of ($46m).
Their net loss over the full year of 2021 had been ($124m), with total revenue of $4.60m.
https://www.ecoshares.io/post/eos-energy-surging-prior-to-q2
Leave a Reply