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Energy Vault reports Q3 EPS (21c), two estimates (10c)
The Fly

Energy Vault reports Q3 EPS (21c), two estimates (10c)

Reports Q3 revenue $1.7M, consensus $6.16M. Robert Piconi, Chairman and CEO of Energy Vault, stated, "We made strong progress during the quarter across all commercial, operational and financial facets of our business. Customers are choosing Energy Vault given the innovative portfolio of solutions that address their needs across short and long duration storage, as well as addressing their complex requirements to optimize energy density, economics, and overall performance. During the quarter, we announced contract signings totaling 495 megawatt hours for our battery energy storage solutions for immediate delivery in 2023 with top tier customers. This highlights the readiness of our solutions and software capabilities, and more importantly, the trust that our customers have in us to deliver projects on-time and on-budget."

Published first on TheFly

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