Flux Power Holdings Q4 Sales $16.30M Miss $16.39M Estimate
Portfolio Pulse from Happy Mohamed
Flux Power Holdings (NASDAQ:FLUX) reported Q4 sales of $16.30 million, missing the analyst consensus estimate of $16.39 million by 0.55 percent. However, this is a 7.27 percent increase over sales of $15.20 million the same period last year.
September 21, 2023 | 8:04 pm
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Flux Power's Q4 sales missed analyst estimates by 0.55%, but showed a 7.27% YoY increase.
While Flux Power's Q4 sales missed analyst estimates, the YoY increase in sales could be seen as a positive sign of growth. This mixed result makes the short term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100