Source Post

$EOSE: Earnings Miss, but is This Energy Storage Company’s Future Bright?

EOS reported a significant earnings miss, with revenue down nearly 40% and EPS down over 200%. Despite the miss, revenue increased significantly quarter-over-quarter and year-over-year. The company attributes the miss to production issues and factory automation efforts, while demand remains strong. The CEO recently purchased $350,000 worth of shares, signaling confidence in the company's future. The creator views EOS as a starter position, currently 2% of their portfolio, and bought more shares at $6.93, despite subsequent volatility.

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Tickers discussed in this post

QSNeutralLow ConvictionResearch Only

QuantumScape is mentioned as a comparison to EOS, working on solid-state batteries which are not yet in existence and will take significant time and energy to develop.

EOSBullishMedium ConvictionSignal-backedPrimary

The creator bought 75% more EOS shares at $6.93 after a significant earnings miss, viewing the CEO's recent share purchase and the company's strong demand as positive signals.

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