Throughout today’s discussion, we will attempt to present some important factors relating to our business that may affect our predictions. Please keep in mind that we are not obligating ourselves to revise or publicly release the results or any revision to these forward-looking statements in light of new information or future events. You are cautioned not to place undue reliance on these forward-looking statements which reflect our opinions only as of the date of this presentation. While the forward-looking statements represent our current judgement on what the future holds, they are exempted to risks and uncertainties that could cause actual results to differ materially. So our discussion may include predictions, estimates or other information that might be considered forward-looking. Now before that, I want to read our Safe Harbor statements. And joining me on the call today will be Ron Dutt, our CEO and Chuck Scheiwe, our CFO who will present the fiscal year 2020 ending June 30 financial results. I wanted to let you know that we just issued a press release with our financials. This is Justin Forbes, Director of Marketing and Investor Relations for Flux Power. Good afternoon and welcome to the Flux Power Earnings Call. Justin Forbes - Director of Marketing and Investor Relations ( NASDAQ: FLUX) Q4 2020 Results Earnings Conference Call Septem4:00 PM ET To read this article on click here.Flux Power Holdings, Inc.
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GAN Limited (GAN) : Free Stock Analysis Report Click to get this free reportįlux Power Holdings, Inc.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. GAN Limited's revenues are expected to be $34.26 million, up 6.2% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This company is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents a year-over-year change of +15.8%. The results are expected to be released on November 14. One other stock from the broader Zacks Computer and Technology sector, GAN Limited (GAN), is yet to report results for the quarter ended September 2022. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
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In terms of the Zacks Industry Rank, Electronics - Miscellaneous Products is currently in the top 30% of the 250 plus Zacks industries.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? What's Next for Flux Power Holdings, Inc. Shares have lost about 11.2% since the beginning of the year versus the S&P 500's decline of -21.4%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.įlux Power Holdings, Inc. The company has topped consensus revenue estimates three times over the last four quarters.
This compares to year-ago revenues of $6.27 million. , which belongs to the Zacks Electronics - Miscellaneous Products industry, posted revenues of $17.84 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 15.47%. Over the last four quarters, the company has surpassed consensus EPS estimates two times.įlux Power Holdings, Inc. A quarter ago, it was expected that this company would post a loss of $0.25 per share when it actually produced a loss of $0.17, delivering a surprise of 32%. This quarterly report represents an earnings surprise of -8.33%. These figures are adjusted for non-recurring items. This compares to loss of $0.30 per share a year ago. (FLUX) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.12.
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