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Industrial battery maker Flux Power's Q4 revenue beats on increased orders

Industrial battery maker Flux Power's Q4 revenue beats on increased orders


Overview

  • US lithium-ion battery maker's fiscal Q4 revenue rose 25% sequentially, beating analyst expectations

  • Adjusted loss per share for fiscal Q4 was smaller than expected


Outlook

  • Company expects cost reduction and efficiency initiatives to benefit results in fiscal 2027 and beyond


Result Drivers

  • INCREASED CUSTOMER ORDERS - Co said Q4 revenue rose due to higher customer orders and shipments into a new vertical market

  • COST REDUCTION INITIATIVES - Co attributed lower Q4 operating expenses to expense reduction and efficiency measures, including headcount reduction and streamlining operations

  • SUPPLY CHAIN OPTIMIZATION - Co said it took steps to optimize its supply chain and lower product costs to improve margins


Company press release: ID:nGNX8cbDDH


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$8.20 mln

$7.94 mln (3 Analysts)

Q4 Adjusted Loss Per Share

Beat

$0.10

$0.11 (3 Analysts)

Q4 Net Loss

$2.30 mln

Q4 Adjusted EBITDA

Miss

-$1.60 mln

-$1.41 mln (3 Analysts)

Q4 Gross Profit

$2.30 mln

Q4 Loss Per Basic Share

$0.11


Analyst Coverage

  • 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"

  • Wall Street's median 12-month price target for Flux Power Holdings Inc is $6.00, about 745.3% above its August 19 closing price of $0.71


Reuters Recommended Reads

  • Aug 20 - LG Energy, once fixed on EV batteries, jumps to Plan B

  • Aug 19 - Beam Global Q2 revenue beats on Europe growth, cost cuts

  • Aug 20 - TurnOnGreen Q2 revenue rises, helped by power electronics business


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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