BRIEF-Dragonfly Energy Holdings Implements 20% Reduction In Total Payroll Expense

Reuters03-17
BRIEF-Dragonfly Energy Holdings Implements 20% Reduction In Total Payroll Expense

March 16 (Reuters) - Dragonfly Energy Holdings Corp DFLI.O:

  • DRAGONFLY ENERGY HOLDINGS CORP - IMPLEMENTS 20% REDUCTION IN TOTAL PAYROLL EXPENSE

  • DRAGONFLY ENERGY HOLDINGS CORP - CONSOLIDATES RENTAL SPACE, EXPECTS $4.0 MILLION REDUCTION IN EXPENSES

  • DRAGONFLY ENERGY HOLDINGS CORP - EXECUTIVE TEAM AND BOARD TO REDUCE CASH COMPENSATION BY 20% FOR REMAINDER OF FY2026, EFFECTIVE APRIL 1, 2026

  • DRAGONFLY ENERGY HOLDINGS CORP - IMPLEMENTS STRATEGIC COST REALIGNMENT TO REDUCE OPERATING EXPENSES

  • DRAGONFLY ENERGY HOLDINGS CORP - TARGETS POSITIVE ADJUSTED EBITDA AT $70 MILLION ANNUAL REVENUE RUN RATE

  • DRAGONFLY ENERGY HOLDINGS CORP OUTLOOK Q1 2026 NET SALES OF APPROXIMATELY $9.5 MILLION

Source text: ID:nGNX2ztvCr

Further company coverage: DFLI.O

((Reuters.Briefs@thomsonreuters.com;))

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