Flux Power reports Q3 EPS (16c), consensus (10c)
The Fly

Flux Power reports Q3 EPS (16c), consensus (10c)

Reports Q3 revenue $14.5M, consensus $15.34M. “The third fiscal quarter of 2024 saw continued lumpiness from timing of deliveries of customer new forklift orders and interest rate variability,” said Flux Power CEO Ron Dutt. “An Institute for Supply Management survey this month showed manufacturing grew for the first time in 1-1/2 years in March, and although we remain confident in a recovery, we are highly focused on additional selling strategies to support our historical sales trajectory.”

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