Dragonfly Energy (DFLI) Set to Announce Earnings on Thursday

Dragonfly Energy (NASDAQ:DFLI) is scheduled to be releasing its earnings data after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Dragonfly Energy has set its Q3 2024 guidance at EPS.Parties interested in participating in the company’s conference call can do so using this link.

Dragonfly Energy (NASDAQ:DFLI) last issued its earnings results on Wednesday, August 14th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.06). The firm had revenue of $13.21 million during the quarter, compared to analysts’ expectations of $14.17 million. Dragonfly Energy had a negative return on equity of 165.91% and a negative net margin of 59.58%. On average, analysts expect Dragonfly Energy to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Dragonfly Energy Price Performance

Shares of DFLI stock opened at $0.54 on Thursday. The business’s 50 day moving average price is $0.55 and its 200-day moving average price is $0.75. Dragonfly Energy has a fifty-two week low of $0.43 and a fifty-two week high of $1.46. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.26 and a current ratio of 0.90. The firm has a market cap of $33.89 million, a P/E ratio of -1.06 and a beta of -0.83.

About Dragonfly Energy

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others.