02:07 PM EDT, 05/10/2024 (MT Newswires) -- Flux Power Holdings ( FLUX ) shares were down 25.5% in recent trading Friday, a day after the company reported its fiscal Q3 results below consensus.
The company reported a fiscal Q3 loss of $0.16 per diluted share, widening from a loss of $0.09 a year earlier.
Analysts polled by Capital IQ expected a loss of $0.10.
Revenue for the quarter ended March 31 was $14.5 million, down from $15.1 million a year earlier.
Three analysts surveyed by Capital IQ expected $15.7 million.
Price: 3.42, Change: -1.17, Percent Change: -25.44