Flux Power Holdings Inc reports results for the quarter ended in December - Earnings Summary

Flux Power Holdings

09/02/2023 23:34

* Flux Power Holdings Inc  FLUX.OQ  reported a quarterly
adjusted
loss of 10 cents​​ per share for the quarter ended in December.
The mean expectation of three analysts for the quarter was for a
loss of 18 cents per share.
    * Revenue rose 123.1% to $17.16 million from a year ago;
analysts
expected $14.24 million. 
    * Flux Power Holdings Inc's reported EPS for the quarter was
a
loss of 10 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Flux Power Holdings Inc shares had risen by 44.8% this
quarter.
    * The company reported a quarterly loss of $1.68 million.
    * Wall Street's median 12-month price target for Flux Power
Holdings Inc is $8.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 11:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.18          -0.10          Beat
 Sep. 30 2022      -0.22          -0.13          Beat
 Jun. 30 2022      -0.26          -0.17          Beat
 Mar. 31 2022      -0.28          -0.23          Beat