ESS Tech Inc (GWH.WS) Q3 2024 Earnings Call Highlights: Navigating Financial Challenges and ... [Yahoo! Finance]
ESS Tech, Inc. (GWH)
Company Research
Source: Yahoo! Finance
Non-GAAP R&D Expenses: $2.1 million in the third quarter. Adjusted EBITDA: Negative $18.9 million in the third quarter. Cash and Short-term Investments: $55.1 million at the end of the third quarter. Full Year Revenue Guidance: Expected between $9 million and $11 million. Unit Cost Reductions: 28% reduction achieved through the third quarter, with an expectation of nearly 50% for the full year 2024. Warning! GuruFocus has detected 4 Warning Signs with GWH.WS. Release Date: November 13, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript. ESS Tech Inc ( NYSE:GWH.WS ) announced a significant funding agreement totaling $65 million, supporting a state mandate for long-duration storage in Queensland. The company expects to recognize revenues between $9 and $11 million for the full year, indicating meaningful year-on-year growth. ESS Tech Inc ( NYSE:GWH.WS ) has successfully delivered initial units to Honeywell, marki
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GWH
News
- ESS Tech, Inc. (NYSE: GWH) was downgraded by analysts at Baird R W from a "strong-buy" rating to a "strong sell" rating.MarketBeat
- ESS Tech, Inc. (NYSE: GWH) had its "hold" rating re-affirmed by analysts at Canaccord Genuity Group Inc.. They now have a $8.00 price target on the stock.MarketBeat
- ESS Tech tumbles 19% on disappointing results, analyst downgrades [Yahoo! Finance]Yahoo! Finance
- ESS Tech, Inc. (NYSE: GWH) was downgraded by analysts at Oppenheimer Holdings Inc. from an "outperform" rating to a "market perform" rating.MarketBeat
- ESS Tech, Inc. (NYSE: GWH) was downgraded by analysts at Robert W. Baird from a "neutral" rating to an "underperform" rating. They now have a $9.00 price target on the stock, down previously from $14.00.MarketBeat
GWH
Earnings
- 11/13/24 - Beat
GWH
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form 10-Q
- 11/13/24 - Form 8-K
- GWH's page on the SEC website