Revenue Performance - Revenue for the fiscal quarter ended December 31, 2024, was approximately $186.8 million, a decrease of approximately 49% compared to the same quarter last year[3] - Total revenue for Q4 2024 was $186.8 million, a decrease of 48.6% compared to $364.0 million in Q4 2023[28] - Total revenue decreased by 49% to $186,788,000 in Q4 2024 from $363,956,000 in Q4 2023, with a gross profit margin of 11.4%[51] Financial Guidance - The company has lowered its fiscal year 2025 total revenue guidance range to $3.1 billion to $3.7 billion, down from a prior range of $3.6 billion to $4.4 billion[3] - Adjusted EBITDA for the fiscal year 2025 is now projected to be in the range of $70 million to $100 million, significantly reduced from the previous guidance of $160 million to $200 million[3] - The fiscal year 2025 annual recurring revenue (ARR) guidance remains at approximately $145 million[3] Net Loss and Profitability - The company reported a net loss of approximately $57.0 million, an increase from a net loss of approximately $25.6 million for the same quarter last year[3] - Net loss for Q4 2024 was $57.0 million, compared to a net loss of $25.6 million in Q4 2023, resulting in a loss per share of $0.32[28] - Net loss for the three months ended December 31, 2024, was $57,013,000, compared to a net loss of $25,556,000 in the same period of 2023, representing a 123% increase in losses[49] - Adjusted EBITDA for Q4 2024 was $(49,676,000), a decline of 172% compared to $(18,287,000) in Q4 2023[49] - Free cash flow for the three months ended December 31, 2024, was $(213,341,000), a significant decrease from $17,895,000 in the same period of 2023[53] Cash and Liquidity - Total cash as of December 31, 2024, was approximately $654.4 million, reflecting an increase of approximately $135.7 million from September 30, 2024[3] - Cash and cash equivalents increased to $607.4 million as of December 31, 2024, up from $448.7 million at the end of September 2024[24] - Cash, cash equivalents, and restricted cash increased to $654,409,000 as of December 31, 2024, from $476,557,000 at the end of Q4 2023[1] - The company experienced a net cash used in operating activities of $(211,232,000) for the three months ended December 31, 2024, compared to $19,363,000 in the same period of 2023[53] Backlog and Orders - Quarterly order intake reached $778.0 million, contributing to a record backlog of approximately $5.1 billion as of December 31, 2024[3] - Contracted backlog for energy storage products rose by 4% to 7.8 GW as of December 31, 2024, compared to 7.5 GW as of September 30, 2024[37] - The pipeline of potential contracts increased by 17% to 30.3 GW as of December 31, 2024, from 25.8 GW as of September 30, 2024[37] Inventory and Assets - The company reported a significant increase in inventory, which rose to $543.4 million as of December 31, 2024, compared to $182.6 million at the end of September 2024[24] - Total assets rose to $2.21 billion as of December 31, 2024, compared to $1.90 billion at the end of September 2024[24] - Total liabilities increased to $1.68 billion as of December 31, 2024, up from $1.30 billion at the end of September 2024[24] Research and Development - Research and development expenses for Q4 2024 were $17.2 million, an increase of 11.4% from $15.4 million in Q4 2023[28] Currency and Translation - The company experienced a loss on foreign currency translation of $5.3 million in Q4 2024, compared to a gain of $1.8 million in Q4 2023[30] Strategic Initiatives - The company aims to maintain its leadership position in the utility-scale battery storage market and optimize its cost structure for improved financial performance in fiscal year 2026 and beyond[4] - The company issued $400.0 million of 2.25% Convertible Senior Notes due 2030 to enhance financial flexibility and support growth initiatives[5] Digital Contracts - The company reported a significant increase in digital contracts, with contracted intake rising by 700% to 3.2 GW in Q4 2024 compared to 0.4 GW in Q4 2023[37] Energy Storage Products - Deployed energy storage products increased by 16% to 5.8 GW as of December 31, 2024, up from 5.0 GW as of September 30, 2024[37]

ARLINGTON, Va., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its results for the three months ended December 31, 2024. Financial Highlights for Fiscal Quarter ended December 31, 2024 Revenue of approximately $186.8 million, which represents a decrease of approximately 49% from the same quarter last year, primarily driven b ...

The market expects Fluence Energy, Inc. (FLNC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 10, 2025, might help the stock move higher if these key ...

Core Viewpoint - Fluence Energy, Inc. will report its earnings for the first quarter ended December 31, 2024, on February 10, 2025, after market close [1] Group 1: Earnings Announcement - The earnings report will be followed by a teleconference on February 11, 2025, at 8:30 a.m. EST to discuss the results [2] - Analysts must register to participate in the teleconference and are encouraged to do so at least 15 minutes before the start time [2] Group 2: Teleconference Participation - General audience participants can join the teleconference in a listen-only mode via a webcast link or the company's website [3] - Supplemental materials referenced during the teleconference will be available on the company's website [3] Group 3: Replay Information - A replay of the conference call will be accessible after 1 p.m. on February 11, 2025, on the company's website [4] Group 4: Company Overview - Fluence Energy, Inc. is a global leader in energy storage products and services, with a presence in 47 markets [5] - The company offers modular, scalable energy storage products and AI-enabled optimization software for managing renewables and storage [5] - Fluence aims to transform energy management by helping customers create more resilient and sustainable electric grids [5]

Investors might want to bet on Fluence Energy, Inc. (FLNC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sy ...

Core Insights - Investors in the Alternative Energy sector may consider Fluence Energy, Inc. (FLNC) and Constellation Energy Corporation (CEG) as potential value opportunities [1] Valuation Metrics - Both FLNC and CEG have a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and an improving earnings outlook [3] - FLNC has a forward P/E ratio of 25.97, while CEG has a forward P/E of 29.54 [5] - The PEG ratio for FLNC is 0.47, suggesting a favorable valuation relative to its expected earnings growth, compared to CEG's PEG ratio of 1.89 [5] - FLNC's P/B ratio is 4.08, indicating a lower market value relative to its book value compared to CEG's P/B of 6.64 [6] - Based on these valuation metrics, FLNC holds a Value grade of B, while CEG has a Value grade of D, suggesting FLNC is the superior value option [6]

A downtrend has been apparent in Fluence Energy, Inc. (FLNC) lately with too much selling pressure. The stock has declined 17.4% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators ...

TOKYO, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, has expanded its presence in the Asia-Pacific region, opening a local office in Japan to further engage in the country's growing energy storage market. Japan is targeting a 46% reduction in greenhouse gas emissions by 2030, with a goal of 40-50% power supply from renewable energy by 2040, roughly doublin ...

Core Viewpoint - The Schall Law Firm is inviting investors who have incurred losses to participate in an inquiry regarding Fluence Energy, Inc. for potential securities fraud [1] Group 1 - The inquiry is focused on allegations of securities fraud involving Fluence Energy, Inc. [1] - Investors affected by losses are encouraged to join the investigation led by the Schall Law Firm [1] - The inquiry aims to determine whether Fluence Energy, Inc. misled investors regarding its financial performance or business practices [1]

Fluence Energy, Inc. Is Being Investigated For Securities Law Violations And The Schall Law Firm Urges Affected Shareholders To Reach Out ...