Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Flux Power Holdings (FLUX)
NASDAQ:FLUX
Holding FLUX?
Track your performance easily
Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 14, 2018
|% Change Since: -29.41%
|Next Earnings Date:Sep 27, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging quarter with revenue decline and increased losses, but highlights ongoing initiatives to expand sales and product offerings, maintain gross margin stability, and explore new market opportunities.Company Guidance
During the Flux Power Holdings Third Quarter Fiscal Year 2024 Earnings Call, the company discussed several key metrics and business strategies. Revenue for the fiscal third quarter decreased to $14.5 million, down from $15.1 million the previous year, largely due to lower capital spending and shipment delays. The gross margin slightly decreased to 30% from 31% last year, with a gross profit of $4.4 million. The company reported an adjusted EBITDA loss of $1.4 million compared to a $0.7 million loss in the same quarter of 2023. The open order backlog was noted at $18.5 million, down from $25 million a year ago. To address these challenges, Flux Power is focusing on initiatives to stimulate revenue growth and improve profitability, including the expansion of its sales force, new product launches, and cost reduction strategies. Additionally, the company is working on enhancing its gross margin with a long-term target of exceeding 40%, and it has also emphasized the importance of building scale through strategic partnerships and technology advancements.Expansion of Sales and Marketing Initiatives
Flux Power is expanding its sales force and marketing initiatives to increase revenue growth and secure new customer relationships, especially focusing on Fortune 100 customers.
New Product Launches and Partnerships
The company is launching new heavy-duty models, introducing a private label program with a top-tier forklift OEM, and advancing fast-charging technology and modularization of battery cells.
Gross Margin Stability
Despite reduced revenue, gross margin held steady at 30% in fiscal Q3 2024, with long-term goals of exceeding 40% through strategic supply chain and cost improvement initiatives.
---
FLUX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
FLUX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $2.55 | $2.53 | -0.78% |
| Sep 19, 2024 | $3.07 | $3.07 | 0.00% |
| May 09, 2024 | $4.58 | $3.42 | -25.33% |
| Feb 08, 2024 | $3.85 | $4.23 | +9.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Flux Power Holdings (FLUX) report earnings?
Flux Power Holdings (FLUX) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Flux Power Holdings (FLUX) earnings time?
Flux Power Holdings (FLUX) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FLUX EPS forecast?
Currently, no data Available
---