Reports Q4 revenue $100.3M, consensus $72.47M. Robert Piconi, Chairman and CEO of Energy Vault, stated, "Our strong execution in Q4 ahead of plan capped off a highly transformative year for Energy Vault in 2022 as we concluded our first year as a public company and executed a differentiated solutions-focused approach to win large contracts and begin deployment with top utilities and global independent power producers. I was most impressed with the resiliency and customer focus of our people, and specifically the velocity of our technology development which supported key commercial wins with market leading public utilities and IPPs. This clearly demonstrated the market validation of our strategy and highlights our unique capability to deliver short, long and ultra-long duration storage solutions."
Published first on TheFly
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