Shares of Eos Energy Enterprises Inc. (EOSE) plummeted 11.32% in after-hours trading on Wednesday, following the release of its second-quarter 2025 financial results. The sharp decline came as the company reported disappointing earnings and missed revenue estimates, raising concerns among investors about its near-term performance.
Eos Energy Enterprises announced a staggering net loss of $222.937 million for the quarter, significantly widening from the previous year. The company's revenue for Q2 stood at $15.236 million, falling short of analysts' expectations of $24.1 million. This substantial revenue miss, coupled with high operating expenses of $32.894 million, contributed to the negative market reaction.
Despite the disappointing results, Eos Energy Enterprises attempted to put a positive spin on its performance, highlighting that the quarterly revenue was nearly equivalent to its full-year 2024 revenue. The company also reaffirmed its 2025 revenue outlook, suggesting confidence in its long-term prospects. However, investors seemed to focus more on the immediate challenges, as reflected in the stock's after-hours plunge. As the market digests these results, all eyes will be on how Eos Energy Enterprises plans to address its financial challenges and improve its performance in the coming quarters.