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Fluence Energy's stock plunges 40% as revenue drops 49% and the company lowers its 2025 forecast.
Fluence Energy's stock dropped over 40% after reporting a 49% year-over-year decline in revenue and a larger-than-expected loss.
The company lowered its 2025 revenue forecast to $3.1 billion to $3.7 billion, down from $3.6 billion to $4.4 billion, citing delays in contract signings and competitive pressures.
Despite the challenges, Fluence's backlog reached a record $5.1 billion, providing hope for future growth.
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Las acciones de Fluence Energy se hunden un 40% a medida que los ingresos bajan un 49% y la compañía baja su previsión de 2025.