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FLUENCE ENERGY SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Fluence Energy, Inc. – FLNC
FLNCFluence Energy(FLNC) GlobeNewswire News Room·2025-03-27 18:48

Core Viewpoint - Fluence Energy, Inc. is facing a securities class action lawsuit for failing to disclose material information during the class period, which has led to significant financial losses and a sharp decline in share price [3][4]. Company Financials - For Q1 2025, Fluence reported a net loss of 57million,or57 million, or 0.32 per share, compared to a loss of 25.6million,or25.6 million, or 0.14 per share in the same period the previous year [4]. - Revenues decreased by 49% year-over-year to 186.8million[4].Thecompanyreviseditsrevenueguidanceforfiscalyear2025toarangeof186.8 million [4]. - The company revised its revenue guidance for fiscal year 2025 to a range of 3.1 billion to 3.7billion,downfromaprioroutlookof3.7 billion, down from a prior outlook of 3.6 billion to 4.4billion,citingcustomerdrivendelaysandcompetitivepressures[4].SharePriceImpactFollowingtheannouncementofthefinancialresults,Fluencessharepricefellby4.4 billion, citing customer-driven delays and competitive pressures [4]. Share Price Impact - Following the announcement of the financial results, Fluence's share price fell by 6.07, or 46.44%, closing at $7.00 per share on February 11, 2025 [4]. Legal Context - The lawsuit is titled Daniel Abramov v. Fluence Energy, Inc., et al., No. 25-cv-00444, and is pending in the United States District Court for the Eastern District of Virginia [5].