ESS Tech (GWH) Company Overview

ESS Tech, Inc. (NYSE:GWH ) Q3 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Erik Bylin - Head of Investor Relations Eric Dresselhuys - Chief Executive Officer Anthony Rabb - Chief Financial Officer Conference Call Participants Justin Clare - ROTH Capital Partners Corinne Blanchard - Deutsche Bank Colin Rusch - Oppenheimer Ben Kallo - Baird George Gianarikas - Canaccord Genuity Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.

ESS Tech, Inc. (GWH) came out with a quarterly loss of $1.90 per share versus the Zacks Consensus Estimate of a loss of $1.97. This compares to loss of $1.65 per share a year ago.

ESS Tech, Inc. (NYSE:GWH ) Q2 2024 Results Conference Call August 14, 2024 5:00 PM ET Company Participants Erik Bylin - Head of IR Eric Dresselhuys - CEO Tony Rabb - CFO Conference Call Participants Justin Clare - ROTH MKM Davis Sunderland - Robert W. Baird Thomas Boyes - TD Cowen Operator Ladies and gentlemen, thank you for standing by.

ESS Tech, Inc. (GWH) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.15 per share a year ago.

ESS Tech (GWH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ESS Tech, Inc. (GWH) Q4 2023 Earnings Call Transcript

Honeywell joined an "A" list of significant investors in ESS Tech on September 25, 2023, buying $27.5 million of stock and prefunding sales commitments. After a brief 43% stock spike, the honeymoon was over and the stock is trading at 95 cents, a decrease of 32% from the close before the Honeywell announcement. Almost immediately after making this investment Honeywell restructured.  One wonders whether the deal would/could have been done post-restructuring.

The challenge of bringing down the cost of renewables is solved. The new challenge is managing all this cheap power with storage, software, and new transmission/distribution. Right now, LFP lithium batteries are tested, validated, and available in large quantities. They solve today's problems, but not tomorrow's, and bring a host of problems. What's needed is long-duration energy storage. There are many competing technologies, and we are in the pilot program stage.

A very well capitalized partner released details of investment in the storage solutions maker. It has amassed a double-digit percentage stake in its partner.