Fluence narrows net loss in fiscal Q2
- Admin
- May 10, 2024
- 1 min read
Energy storage provider Fluence Energy Inc (NASDAQ:FLNC) reported a narrowed net loss in its second fiscal quarter through March. Revenue declined 11% year-over-year but gross margin improved. Fluence launched Gridstack Pro 5000 during the quarter and is on track to start US battery module production in 2024. The company confirmed its full-year guidance of revenue and adjusted earnings before interest, taxes, depreciation and amortisation.
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