Streetbeat News

DFLI

Dragonfly Energy Holdings Corp.

Industry

Electrical Equipment & Parts

Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications. It also focuses on delivering an energy storage solution to enable a sustainable and reliable smart grid through the deployment of its solid-state cell technology. The company is headquartered in Reno, Nevada.

Open

0.53

Mkt cap

31M

Volume

360K

High

0.53

P/E Ratio

-0.96

52-wk high

1.46

Low

0.48

Div yield

N/A

52-wk low

0.42

Dragonfly Energy Holdings (NASDAQ:DFLI) reported Q2 2024 GAAP EPS of $(0.22), missing the $(0.16) estimate by 37.5%. Sales were $13.21M, missing the $14.34M estimate by 7.88%. This represents a 12% improvement in EPS from last year but a 31.47% decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:20 pm

Dragonfly Energy Holdings shares are trading higher after the company announced a $30 million licensing agreement for its Battle Born Batteries Brand with Stryten Energy.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:54 am

Dragonfly Energy will receive an initial licensing fee of $5 million and have the right to mid-single digit royalty payments for up to an additional $25 million.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:30 am

Dragonfly Energy has announced an agreement that will enable the expansion of its Battle Born Batteries products into new markets.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:30 am

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) has entered a $30 million strategic partnership with Stryten Energy to license and distribute its Battle Born Batteries brand globally. The deal includes an upfront payment of $5 million and subsequent royalty payments. The partnership aims to expand Dragonfly's market presence into new B2B sectors.

Portfolio Pulse from Anusuya Lahiri

July 30, 2024 | 11:30 am

Dragonfly Energy has entered into a $30 million licensing agreement with Stryten Energy for its Battle Born Batteries brand. Stryten Energy is a leading North American battery manufacturer.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:30 am

The article highlights the pre-market movements of 12 industrial stocks on Thursday. Notable gainers include Zoomcar Holdings (ZCAR), Mesa Air Group (MESA), and Dragonfly Energy Holdings (DFLI). Significant losers include Shapeways Holdings (SHPW) and Solidion Technology (STI).

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 2:59 pm

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) will provide lithium-based liftgate power solutions to Refreshment Services Pepsi, a move expected to yield cost savings and environmental benefits.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:40 am

The article highlights the performance of 12 industrial stocks during Thursday's after-market session. Notable gainers include Surf Air Mobility (SRFM), Simpple (SPPL), and Knightscope (KSCP), while significant losers include Dragonfly Energy Holdings (DFLI) and Paycor HCM (PYCR).

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 8:31 pm

Dragonfly Energy Holdings announced the expansion of its Wakespeed product line with two new additions: the Wakespeed 500 Pro Bluetooth Alternator Regulator (ws500 Pro) and the Wakespeed 48v/12v Bi-directional DC-DC Converter.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 11:16 am

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