Fluence Energy (FLNC) delivered earnings and revenue surprises of 0% and 15.09%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
ARLINGTON, Va., May 08, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three and six months ended March 31, 2024. Financial Highlights for Second Fiscal Quarter ended March 31, 2024 Revenue of approximately $623.1 million, which represents a decrease of approximately 11% from the same quarter
Key Insights Using the 2 Stage Free Cash Flow to Equity, Fluence Energy fair value estimate is US$26.46 Fluence Energy...