Dragonfly Energy Holdings Corp. (DFLI) Reports Q1 Loss, Beats Revenue Estimates

Dragonfly Energy Holdings reported a quarterly loss of $0.64 per share, wider than the Zacks Consensus Estimate loss of $0.52. That still marks a major improvement from a $14.5 per-share loss a year ago, but the EPS miss is negative for near-term sentiment. The release is likely to move the stock modestly on the earnings miss versus expectations.

Analysis

Dragonfly Energy Holdings reported a quarterly loss of $0.64 per share, wider than the Zacks Consensus Estimate loss of $0.52. That still marks a major improvement from a $14.5 per-share loss a year ago, but the EPS miss is negative for near-term sentiment. The release is likely to move the stock modestly on the earnings miss versus expectations.