FLUX - These Analysts Slash Their Forecasts On Flux Power After Weak Q3 Results | Benzinga
Flux Power Holdings Inc (NASDAQ:FLUX) reported worse-than-expected third-quarter financial results on Thursday.
Flux Power posted GAAP loss of 16 cents per share, compared to market expectations for a loss of 10 cents per share. The company's sales came in at $14.457 million versus estimates of $15.345 million, according to data from Benzinga Pro.
“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 ...