Fluence Energy Inc. (NASDAQ: FLNC) shares plummeted 8.52% in post-market trading on Wednesday, following the release of the company's first-quarter fiscal 2026 financial results.
The sharp decline came after Fluence Energy reported a quarterly loss of $0.34 per share, which significantly missed analyst consensus estimates that ranged from a loss of $0.17 to $0.23 per share. The company's adjusted EBITDA of negative $52.1 million also fell short of the estimated negative $31.7 million, while net loss reached $62.6 million for the quarter.
Although the company reported revenue of $475.23 million that exceeded analyst expectations, the wider-than-anticipated losses and a gross margin of 4.9% appear to have disappointed investors. Fluence Energy reaffirmed its fiscal year 2026 revenue guidance of $3.2 billion to $3.6 billion.
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