tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fluence Energy reports Q3 EPS (20c), consensus (16c)

Reports Q3 revenue $536.4M, consensus $478.15M. “We delivered a strong quarter of timely project execution,” said Julian Nebreda, CEO. “Additionally, I am pleased with the job our team has done to strengthen our supply chains through our agreement to purchase US manufactured battery cells from AESC. We believe this agreement will enable both our shareholders and our customers to capture the benefits of the Inflation Reduction Act. Moreover, we successfully increased our pipeline by over $1B on a quarter-to-quarter basis, and we bolstered our Total Cash position by more than $30M.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on FLNC:

Disclaimer & DisclosureReport an Issue

1