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Flux Power — 2027 Fiscal First Quarter Earnings Summary

  • Revenue declined 49% year-over-year to $6.8 million and 17% quarter-over-quarter to $6.8 million, while operating loss widened to $3.0 million and stockholders' equity turned negative to a deficit of $0.43 million.
  • The company issued Q2 2027 revenue guidance of $7 million to $8 million and cited a leaner cost structure and growing market demand as drivers for a path toward future profitability.
  • Flux Power faces an event of default under its agreement with Gibraltar Business Capital, LLC, and is actively evaluating financing alternatives and strategic partnerships to ensure financial flexibility.
  • Strategic progress includes securing orders from a previously paused largest customer and a new global robotics client, alongside the launch of three product innovations and an OEM partnership strategy.
Company
FLUX POWER HOLDINGS INC
Sector
Industrials
Industry
Electrical Equipment & Parts