Fluence Energy Q2 2024 GAAP EPS $(0.07) Beats $(0.08) Estimate, Sales $623.10M Beat $578.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fluence Energy (NASDAQ:FLNC) reported Q2 2024 earnings with a GAAP EPS of $(0.07), surpassing the $(0.08) estimate. Sales reached $623.10M, exceeding the $578.76M forecast but marking a 10.75% decrease from the previous year.
May 08, 2024 | 8:33 pm
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Fluence Energy beat Q2 2024 EPS and sales estimates, with a slight year-over-year sales decrease.
Beating both EPS and sales estimates typically generates positive investor sentiment, potentially leading to a short-term stock price increase. However, the year-over-year sales decrease might temper some of the optimism.
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