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Stock impact report

Dragonfly Energy Reports Third Quarter 2024 Financial and Operational Results [Yahoo! Finance]

Dragonfly Energy Holdings Corp (DFLI) 
Company Research Source: Yahoo! Finance
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 2023 Gross Profit was $2.9 million, compared to $4.6 million in Q3 2023 Operating Expenses were $(8.9) million, compared to $(10.5) million in Q3 2023 Net Loss of $(6.8) million, compared to Net Loss of $(10.0) million in Q3 2023 Diluted Net Loss per share was $(0.11), compared to Net Loss of $(0.17) per share in Q3 2023 EBITDA was $(0.8) million, compared to $(5.7) million in Q3 2023 Adjusted 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 solutions for the oil & gas industry. Launched Dragonfly IntelLigence smart battery technology for the heavy-duty trucking industry, providing real-time syste Show less Read more
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