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

Flux Power Holdings

21/09/2023 22:01

* Flux Power Holdings Inc  FLUX.OQ  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was for a
loss of 5 cents per share.
    * Revenue rose 7% to $16.25 million from a year ago;
analysts
expected $16.39 million. 
    * Flux Power Holdings Inc's reported EPS for the quarter was
a
loss of 9 cents​.
    * The mean earnings estimate of analysts had risen by
about 17.5%
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 1.2% this
quarter and gained 9.8% so far this year.
    * The company reported a quarterly loss of $1.48 million.
    * Wall Street's median 12-month price target for Flux Power
Holdings Inc is $10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 21 at 09:01 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.05          -0.09          Missed
 Mar. 31 2023      -0.10          -0.09          Beat
 Dec. 31 2022      -0.18          -0.10          Beat
 Sep. 30 2022      -0.22          -0.13          Beat