Dragonfly Energy Hldgs: Q3 Earnings Insights

Dragonfly Energy Hldgs 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.

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.

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).

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.

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