Fluence Energy's Revenue, EPS Fall Short
Fluence Energy struggled with revenue shortfall and increased losses in Q1, but it maintained a high order backlog and financial flexibility.
Intelligent energy storage solutions specialist Fluence Energy (NASDAQ:FLNC) reported fiscal year 2025 first-quarter results on Monday, Feb. 10, that fell well short of analysts' consensus estimates. Revenue in Q1 fell 49% year over year to $186.8 million, far below the analyst estimate of $362 million. Earnings per share also missed expectations, with a loss of $0.32 per share against per-share loss estimates of $0.19.
Despite these issues, Fluence maintains a strong order backlog and its financial position offers hope for future growth amid the current difficulties.
Source: Fluence Energy. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. pps = Percentage points. EBITDA = Earnings before interest, taxes, depreciation, and amortization.
