The Fluence has seen fall in the quarterly revenue on year on year & also lowers 2025 Guidance but sees robust global demand of energy storage. It reported quarterly revenue of US$168.8 million, a 49% decline year-on-year from Q1 2024’s US$364 million. Ahead of an earnings call with executives scheduled for 8:30 am Eastern Time this morning, the company said the drop was due to a more uneven distribution of revenue expected in its fiscal year 2025 (FY2025) compared to 2024.
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