Fluence Energy, Inc. - Class A Common Stock (FLNC)
5.3200
+0.1100 (2.11%)
Fluence Energy is a company focused on providing advanced energy storage solutions and services to support the transition to a sustainable energy future
They develop and deploy innovative energy technology systems that aid in the integration of renewable energy sources, enhance grid reliability, and optimize energy usage. Their offerings include battery storage products, energy management software, and comprehensive solutions designed for utilities, independent power producers, and commercial customers. By leveraging cutting-edge technologies, Fluence Energy aims to enable a cleaner, more resilient energy ecosystem while driving the adoption of renewable energy globally.
Shares of electricity storage and software provider Fluence (NASDAQFLNC)
fell 48.4% in the morning session after the company reported underwhelming fourth-quarter results. Revenue missed by more than 50%, due to "the pronounced backend nature of expected revenue for the full year 2025 compared to the revenue distribution seen in the full-year 2024." In addition, full-year revenue guidance was lowered and missed significantly, and EBITDA guidance didn't fare much better when compared to Wall Street's estimates. Overall, this was a challenging quarter.
Looking for insights into the US markets one hour before the close of the markets on Tuesday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Electricity storage and software provider Fluence (NASDAQFLNC) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 48.7% year on year to $186.8 million. The company’s full-year revenue guidance of $3.4 billion at the midpoint came in 13% below analysts’ estimates. Its GAAP loss of $0.32 per share was 76.9% below analysts’ consensus estimates.
The regular session of the US market on Monday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Electricity storage and software provider Fluence (NASDAQFLNC)
will be reporting earnings tomorrow after market hours. Here’s what investors should know.
