EOS Energy (EOSE) shares jumped as much as 11% at the open after the energy storage company released preliminary third-quarter 2026 results, but had slipped 2.3% by 1:24 p.m. ET. The company expects Q3 2026 revenue of $82 million to $83 million, up 169% to 172% year over year, and a gross margin of negative 55% to negative 53%, about 17 percentage points better than Q2 2026 at the midpoint. Its backlog reached $765 million at the end of September 2026, up 18.8% from $644 million a year earlier. The full Q3 2026 results are due before the market opens on Nov. 5.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
EOS Energyearningsenergy storage
Open a keyword to see other news on the same topic.
Related news
- Eos Energy Enterprises Announces Preliminary Third Quarter 2026 Revenue Growth and Continued Gross Margin Improvement and Sets Conference Call Date
Eos Energy expects preliminary third-quarter 2026 revenue of $82 to $83 million, up about 19% to 21% sequentially and 169% to 172% year over year, with shipments rising about 23% quarter over quarter. GAAP gross margin is expected at (55)% to (53)%, an improvement of roughly 16 to 18 percentage points from the second quarter and the company's eighth straight quarter of margin gains. Cash including restricted cash was about $344 million at September 30, 2026, down from $364 million at June 30, 2026. Backlog stood at about $765 million, or roughly 3.2 GWh. The company now expects full-year 2026 revenue in the lower half of its $300 million to $350 million range and will report full results on November 5, 2026.
- newcleo And 2 Founder Led Stocks To Watch
The article argues founder-led businesses often have leaders with large personal stakes and long-term outlooks, and highlights three such stocks. Newcleo (NWCL) develops modular lead-cooled fast reactors and MOX fuel under founder CEO Claudio Garo, generating about €44 million from electric equipment with a market value near $1.8b; it has ongoing losses and a premium P/S multiple, so outcomes depend heavily on execution of long-dated projects. Tesla (TSLA), still steered by Elon Musk, generated about US$90.8b from Automotive and US$12.8b from Energy Generation and Storage, with a market value near US$1.4t. The company is pursuing AI, robotaxis, humanoid robotics and battery storage, while competition in energy storage is intensifying.
- INT : Wholesale inflation much hotter than expected as soaring energy costs threaten price hikes through holidays
US wholesale prices rose 6.3% year-on-year in September, the largest annual jump since December 2022 and well above the expected 5.3%, while the monthly increase of 1.3% also beat estimates of 0.5%. Energy costs jumped 10.8% in the month, with gasoline up 20.3%, and energy drove more than 80% of the reading. Walmart and Costco have warned they can no longer absorb cost increases, and shipping rates have surged amid the Strait of Hormuz crisis, which analysts say will make goods such as holiday items from China more expensive. Retail sales rose 0.8% in September, above the 0.3% estimate and mainly driven by gasoline, while higher-income households kept spending and lower-income Americans cut back. Traders priced roughly 65% odds of a quarter-point Fed hike in December, according to CME FedWatch.
- How to switch energy supplier in Italy - and how much it costs
Switching electricity or gas supplier in Italy requires your POD or PDR code, found on your latest bill, and the new supplier handles the transfer and ends the old contract. Currently switches take effect only on the first day of a month if filed by the 10th of the previous month, so the process takes one to two months, though electricity switches on any day of the month are scheduled to start from December 1st. Since 2024 suppliers may charge an exit fee for leaving a fixed-price electricity deal early, and the article warns that some firms add other charges, such as the 99-euro "customer area" fee that Arera fined AGF Energy 400,000 euros over. Taking over an existing account (voltura) can carry charges, such as 23 euros plus VAT from A2A for electricity and 44.76 euros plus VAT for gas where Italgas runs the network. If problems arise, Arera recommends a written complaint to the supplier, and if unresolved after 40 days, its free online conciliation service.
Related markets
Latest news
- Winning over Vingroup and Sun Group with concrete and special materials: Vietnamese company's profit up 136%, chairman speaks out
Song Da Cao Cuong (SCL) reported Q3/2026 profit of VND 38 billion, up 136%, on net revenue of over VND 263 billion (up nearly 98%), while gross profit margin rose from about 36% to 41%. For the first nine months, revenue reached nearly VND 666 billion (up 81%) and after-tax profit nearly VND 94 billion, already exceeding more than 110% of its full-year profit target. Chairman Kieu Van Mat attributed the results to technology upgrades, production line optimization and capacity expansion, with several new plants expected to start operations by November 2026. The company said it spent more than two years testing its products before Vingroup accepted them; Vingroup's share of its business has fallen to about 25% as customers expanded to around 10 major groups and exports began to Laos, Cambodia and the Philippines. Over the past two years, the company has invested about VND 1,000 billion in factories and technology.
- Coteccons Chairman Bolat Duisenov reveals new direction: expanding home construction for individual customers
At the annual general meeting on October 20, Coteccons (HoSE: CTD) set fiscal 2027 targets of VND 42,000 billion in revenue and VND 1,050 billion in after-tax profit, and said it is considering expanding into residential construction for individual customers (B2C). In fiscal 2026, net revenue reached VND 34,340 billion (up 38%, 115% of plan) and after-tax profit VND 788 billion (up 73%); new contract wins totaled VND 60,307 billion and backlog was about VND 70,000 billion. In the first quarter of the new fiscal year, the company booked revenue of VND 11,270 billion and profit of VND 306 billion, but new contract value of VND 14,519 billion was lower than a year earlier; the company said it is tightening criteria for selecting clients and projects. Coteccons is also working with Microsoft, is expected to become a strategic partner of Workday, and targets raising its ROE from 10% to 15-18% by 2030.
- UPS Yields 6.7% After Firing Amazon. Here's Whether the Dividend Survives 2027.
UPS shares yield 6.7% as of October 16. The company has moved away from high-volume, low-margin Amazon deliveries and froze its dividend earlier this year, ending a 16-year streak of increases. The article says the payout will likely remain frozen through 2026 and 2027, citing competition from 10- and 30-year Treasury yields above 5% and other industrial dividend payers, but calls the dividend's safety questionable: UPS generated $5.47 billion in free cash flow in 2025, with $5.4 billion going to dividends, and free cash flow is projected to fall to $5.05 billion in 2026 and $5.01 billion in 2027, with the dividend absorbing about 98% of 2026 free cash flow. Rising competition and high fuel prices add pressure, and the article suggests investors may find more safety in the industrial sector.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares mostly fell in cautious trading on Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices stayed high. Japan's Nikkei 225 slipped 0.6% to 64,512.35 in early trading, South Korea's Kospi dropped 2.8%, and Australia's S&P/ASX 200 lost 0.8%. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq gained 1.1%, helped by Nvidia's 1.4% gain, while most stocks outside AI and tech fell and the Dow slipped 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose to $103.50 a barrel and Brent to $109.47, as uncertainty about when the energy industry will return to normal after the war with Iran means oil is unlikely to ease soon.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares mostly fell in cautious trading Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices remained high. Japan's Nikkei 225 slipped 0.6% to 64,512.35, Australia's S&P/ASX 200 lost 0.8% to 8,772.10, and South Korea's Kospi dropped 2.8% to 5,605.31. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq rallied 1.1%, helped by Nvidia, while the Dow fell 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose 0.15% to $103.50 a barrel as uncertainty over the war with Iran kept oil prices elevated.
- What Could X-Energy (XE) Gain From Its 960MW Indiana Nuclear Project?
X-Energy (NasdaqGS:XE), American Electric Power and Amazon agreed to assess a 960 MW advanced nuclear project in Indiana using Xe-100 reactors, on a former coal plant site. Under the joint development agreement, Amazon would provide development funding and commit to a long-term power purchase. The article says the deal offers commercial validation for X-Energy's reactor platform rather than immediate financial relief, as the company, with a $4.3b market cap, reported $150.28 million in revenue, a $448.87 million loss, and a 20.2x price-to-sales ratio. The next key milestone is whether the study reaches a final investment decision for the Sullivan County site.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.