Core Viewpoint - Dragonfly Energy Holdings Corp. reported preliminary first quarter 2025 Net Sales of $13.4 million and Adjusted EBITDA of $(3.6) million, exceeding previous guidance provided in Q4 2024 [1][2]. Financial Performance - The first quarter 2025 results indicate a second consecutive quarter of year-over-year growth, driven by ongoing growth initiatives and a focus on profitability [2]. - The preliminary figures for Net Sales and Adjusted EBITDA are subject to finalization in the upcoming Quarterly Report on Form 10-Q for the three months ended March 31, 2025 [3]. Webcast Information - A conference call to discuss the first quarter 2025 financial and operational results is scheduled for May 15 at 4:30 PM Eastern Time, accessible via webcast and telephone [4]. Company Overview - Dragonfly Energy specializes in lithium battery technology, including cell manufacturing and battery pack assembly, with a focus on energy storage systems and electric vehicles [6]. - The company has established a strong market presence through its Battle Born Batteries® brand, with a significant number of battery packs deployed across various applications [6].
Dragonfly Energy Announces First Quarter 2025 Preliminary Net Sales and Adjusted EBITDA