EOS Energy Slips After-Hours Following 32% Jump On Record Quarterly Revenue: Retail’s Extremely Bullish

Published : May 08, 2025, 11:00 AM ISTUpdated : May 08, 2025, 11:08 PM IST
https://stocktwits.com/news-articles/markets/equity/eos-energy-slips-after-hours-following-32-jump-on-record-quarterly-revenue-retail-s-extremely-bullish/chifesVRbjt

Synopsis

The company filed a shelf registration statement for the sale of 158.4 million shares of its common stock to a lender as part of a previous agreement.

EOS Energy (EOSE) stock fell 6.2% in extended trading on Wednesday after making its biggest single-day jump in over four months.

The company filed a shelf registration statement for the sale of 158.4 million shares of its common stock to a lender as part of a previous agreement the company struck to raise cash.

The stock jumped 32.3% on Wednesday after posting its highest quarterly revenue on record, fueled by higher production.

According to LSEG data, the energy solutions company reported first-quarter revenue of $10.5 million for the three months ended March 31, which topped estimates of $10.4 million.

It reported an adjusted net loss of $0.17 per share, while analysts expected it to post a loss of $0.21 per share.

The company said it had a $680.9 million order backlog as of March 31.

In the first quarter, Eos grew its opportunity pipeline to $15.6 billion, an increase of $1.4 billion from the prior quarter. This was driven by big opportunities in Puerto Rico, multiple eight-hour potential projects in California, and new direct and indirect data center projects.

EOS said its 2025 year-to-date shipments have already surpassed the total shipments for all of 2024.

The company also reiterated its full-year revenue forecast between $150 million and $190 million.

Retail sentiment on Stocktwits was in the ‘extremely bullish’ (83/100) territory, while retail chatter was ‘extremely high.’

However, some users raised alarms over further dilution of the stock.

EOS Energy stock has gained nearly 34% year to date (YTD).

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