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Why Fluence Energy Stock Crushed the Market Today
Fluence Energy (NASDAQ: FLNC) posted its fiscal second-quarter earnings report after market hours Wednesday, and the following trading session investors rewarded it handsomely. The next-generation battery storage systems company saw its stock pop by almost 7%, on a Thursday when the S&P 500 (SNPINDEX: ^GSPC) could only muster a 0.6% gain.Fluence gauged its quarterly revenue at roughly $431.6 million, which was around a 31% decrease from the same period a year ago. This isn't as ugly as it appears, since according to the company, the discrepancy is mainly due to what it described as "the pronounced back-end nature of expected revenue for full-year 2025, compared to the revenue distribution seen in full-year 2024." Image source: Getty Images.Continue reading
Fluence Energy (NASDAQ: FLNC) posted its fiscal second-quarter earnings report after market hours Wednesday, and the following trading session investors rewarded it handsomely. The next-generation battery storage systems company saw its stock pop by almost 7%, on a Thursday when the S&P 500 (SNPINDEX: ^GSPC) could only muster a 0.6% gain.
Fluence gauged its quarterly revenue at roughly $431.6 million, which was around a 31% decrease from the same period a year ago. This isn't as ugly as it appears, since according to the company, the discrepancy is mainly due to what it described as "the pronounced back-end nature of expected revenue for full-year 2025, compared to the revenue distribution seen in full-year 2024."
Image source: Getty Images.
