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via seekingalpha.comMarkets

Eos Energy slips after preliminary Q3 results, full-year revenue seen in lower half of guidance

FROM THE WIRE · SEEKINGALPHA.COM

[Battery supply concept] MF3d/E+ via Getty Images Eos Energy Enterprises (EOSE [https://seekingalpha.com/symbol/EOSE]) slipped 0.8% in Monday's trading after unveiling preliminary Q3 results…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishFull-year revenue guided to the low end and an implied Q4 weigh on expectations for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q3 revenue is preliminarily estimated at 82 to 83 million dollars, up 19-21% sequentially.
  2. 02Shipments rose 23%, with the second line accounting for 17% of battery output.
  3. 03The 300-350 million dollar full-year guidance was already cut in August.
  4. 04The stock slipped 0.8% in Monday trading.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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