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Stock impact report

Dragonfly Energy Reports Third Quarter 2024 Financial and Operational Results

Dragonfly Energy Holdings Corp (DFLI) 
Company Research Source: GlobeNewswire
RENO, Nev., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy storage, today reported its financial and operational results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Net Sales were $12.7 million, compared to $15.9 million in Q3 2023Gross Profit was $2.9 million, compared to $4.6 million in Q3 2023Operating Expenses were $(8.9) million, compared to $(10.5) million in Q3 2023Net Loss of $(6.8) million, compared to Net Loss of $(10.0) million in Q3 2023Diluted Net Loss per share was $(0.11), compared to Net Loss of $(0.17) per share in Q3 2023EBITDA was $(0.8) million, compared to $(5.7) million in Q3 2023Adjusted EBITDA was $(5.5) million, compared to $(4.6) million in Q3 2023 Operational and Business Highlights Completed a pilot demonstration of methane reduction power solution Show less Read more
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