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Dragonfly Energy Hldgs: Q3 Earnings Insights

Benzinga ·  Nov 14, 2023 05:30

Dragonfly Energy Hldgs (NASDAQ:DFLI) reported its Q3 earnings results on Monday, November 13, 2023 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Dragonfly Energy Hldgs beat estimated earnings by 15.0%, reporting an EPS of $-0.17 versus an estimate of $-0.2.

Revenue was up $15.89 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 15.84% drop in the share price the next day.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Dragonfly Energy Hldgs management provided guidance for Q4 2023, expecting earnings between $-0.24 and $-0.15 per share.

To track all earnings releases for Dragonfly Energy Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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