Flux Power Holdings: Q1 Earnings Insights

Flux Power Holdings (NASDAQ:FLUX) reported its Q1 earnings results on Thursday, November 9, 2023 at 04:01 PM. Here’s…

Flux Power Holdings (NASDAQ:FLUX) reported its Q1 earnings results on Thursday, November 9, 2023 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

Flux Power Holdings reported in-line EPS of $-0.13 versus an estimate of $-0.13.

Revenue was down $3.04 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 17.58% drop in the share price the next day.

Here’s a look at Flux Power Holdings’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate -0.05 -0.10 -0.18 -0.22
EPS Actual -0.09 -0.09 -0.10 -0.13
Revenue Estimate 16.39M 16.34M 14.24M 11.84M
Revenue Actual 16.30M 15.09M 17.16M 17.84M

To track all earnings releases for Flux Power Holdings visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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