Flux Power — 2027 Fiscal First Quarter Earnings Summary
Flux Power Holdings reported a revenue of $6.8 million for the fiscal first quarter ended September 30, 2026, representing a decline from the $13.2 million recorded in the same period the previous year. The company posted a net loss of $3.2 million, or $0.15 per share, while operating expenses decreased by 22% compared to the prior year quarter due to headcount reductions and operational streamlining. Cash reserves stood at $0.4 million as of the quarter's end, prompting the company to evaluate financing alternatives and strategic partnerships to maintain financial flexibility. Management guided the second quarter of fiscal 2027 revenue to a range of $7 million to $8 million, citing new orders from major customers and expansion into the robotics sector.
- Company
- FLUX POWER HOLDINGS INC
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts