Looking back on renewable energy stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Nextracker (NASDAQ:NXT) and its peers.
Fluence Energy has gotten torched over the last six months - since October 2024, its stock price has dropped 78.8% to $4.39 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
The regular session of the US market on Friday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Looking back on renewable energy stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including TPI Composites (NASDAQ:TPIC) and its peers.
Shares of electricity storage and software provider Fluence (NASDAQ:FLNC)
fell 48.4% in the morning session after the company reported underwhelming fourth-quarter results. Revenue missed by more than 50%, due to "the pronounced backend nature of expected revenue for the full year 2025 compared to the revenue distribution seen in the full-year 2024." In addition, full-year revenue guidance was lowered and missed significantly, and EBITDA guidance didn't fare much better when compared to Wall Street's estimates. Overall, this was a challenging quarter.
Looking for insights into the US markets one hour before the close of the markets on Tuesday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Electricity storage and software provider Fluence (NASDAQ:FLNC) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 48.7% year on year to $186.8 million. The company’s full-year revenue guidance of $3.4 billion at the midpoint came in 13% below analysts’ estimates. Its GAAP loss of $0.32 per share was 76.9% below analysts’ consensus estimates.
