Flux Power Holdings (NASDAQ: FLUX) posted a fourth-quarter net loss per share of $0.11, exceeding the $0.04 loss forecast by analysts and widening from the $0.03 loss recorded in the same period a year earlier.
Revenue for the quarter totaled $8.25 million, down from $9.1 million in the prior-year period and missing the $11.75 million consensus estimate. The company has seen no positive EPS revisions over the past 90 days, with two downward adjustments recorded during that time.
Shares of Flux Power closed at $0.82 on Thursday, down 19.6% over the last three months and 53.9% over the past 12 months. The stock’s performance has been flagged as "weak" by InvestingPro, reflecting broader investor concerns about the company’s financial trajectory.
The battery manufacturer, which supplies lithium-ion solutions for industrial and commercial applications, has faced persistent headwinds in scaling production and managing costs amid competitive market conditions.
