Earnings call transcript: Flux Power Q1 2027 loss widens as revenue falls
Flux Power Holdings reported a wider fiscal first-quarter loss and a sharp revenue decline in its earnings call transcript, leading to a drop in its shares in after-hours trading. The battery maker's revenue fell to $6.8 million in Q1 2027 from $13.2 million a year earlier, while the net loss widened to $0.15 per share. The stock ended the regular session at $0.446, then dropped to $0.415 after hours, down 7.03% from the close and near the bottom of its 52-week range.
Management highlighted new products, OEM programs, and robotics opportunities as future growth drivers, but the company remains dependent on a limited number of large accounts and needs at least $4 million in net capital raise.
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