Dragonfly Energy (DFLI) to Release Earnings on Thursday

Dragonfly Energy (NASDAQ:DFLI) is scheduled to announce its earnings results after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Dragonfly Energy (NASDAQ:DFLI) last announced its earnings results on Wednesday, August 14th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.06). Dragonfly Energy had a negative return on equity of 165.91% and a negative net margin of 59.58%. The company had revenue of $13.21 million during the quarter, compared to analysts’ expectations of $14.17 million. 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 Stock Performance

Shares of DFLI stock opened at $0.52 on Wednesday. The business has a 50-day moving average price of $0.55 and a two-hundred day moving average price of $0.74. Dragonfly Energy has a 12-month low of $0.43 and a 12-month high of $1.46. The company has a quick ratio of 0.26, a current ratio of 0.90 and a debt-to-equity ratio of 0.01. The firm has a market cap of $32.46 million, a P/E ratio of -1.01 and a beta of -0.83.

Dragonfly Energy Company Profile

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.