Fluence Energy Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Fluence Energy (NASDAQ:FLNC) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.70b (up 22% from FY 2023).
• Net income: US$22.7m (up from US$69.6m loss in FY 2023).
• Profit margin: 0.8% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: US$0.18 (up from US$0.60 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Fluence Energy EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 33%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electrical industry in the US.

Performance of the American Electrical industry.

The company's shares are down 13% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Fluence Energy that you should be aware of.

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