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

Flux Power Holdings

11/05/2023 22:03

* Flux Power Holdings Inc  FLUX.OQ  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was for a
loss of 10 cents per share.
    * Revenue rose 14.5% to $15.09 million from a year ago;
analysts
expected $16.34 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 11.8%
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 fallen by 18.3% this
quarter and held steady so far this year.
    * The company reported a quarterly loss of $1.45 million.
    * Wall Street's median 12-month price target for Flux Power
Holdings Inc is $9.00 
    * 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 LSEG Refinitiv data May
11 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.26          -0.17          Beat