Shares of Eos Energy Enterprises Inc. (EOSE) soared 12.50% in pre-market trading on Wednesday, continuing the momentum from Tuesday's after-hours session. The surge comes on the heels of the company's impressive first-quarter 2025 financial results, which significantly exceeded analyst expectations.
The energy storage solutions provider reported a surprising net income of $15.136 million for the quarter, a stark contrast to the $42.4 million loss analysts had predicted. Revenue came in at $10.457 million, slightly surpassing the estimated $10.4 million, while adjusted earnings per share showed a loss of $0.17, better than the anticipated loss of $0.21 per share.
Investors were particularly encouraged by Eos Energy's reaffirmation of its full-year 2025 revenue guidance of $150 million to $190 million, indicating confidence in the company's growth trajectory despite ongoing economic uncertainties. The combination of better-than-expected current performance and optimistic future projections has fueled the significant stock price increase as investors reassess the company's value and growth potential in the competitive energy storage market.