Dragonfly Energy Holdings Corp. (DFLI) Reports Q3 Loss, Misses Revenue Estimates
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Dragonfly Energy Holdings Corp. (DFLI) reported a Q3 loss of $0.17 per share, slightly better than the Zacks Consensus Estimate of a $0.18 loss. However, the company missed revenue estimates.
November 15, 2024 | 12:00 am
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Dragonfly Energy Holdings Corp. reported a Q3 loss of $0.17 per share, slightly better than expected but missed revenue estimates.
The company's earnings per share were slightly better than expected, but missing revenue estimates is likely to have a negative impact on the stock price in the short term. Investors often react negatively to revenue misses as they can indicate potential issues with sales or market demand.
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IMPORTANCE 80
RELEVANCE 100