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Flux Power’s Q1 FY24 Revenues Drop 17% YoY as Energy Storage Shipments Defer

The company’s net loss narrowed by a marginal 1.3% to $2.11 million

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Lithium-ion storage solutions provider Flux Power Holdings recorded a net loss of $2.11 million for the first quarter (Q1) of the fiscal year (FY) 2023-24, a marginal 1.3% year-over-year (YoY) improvement from $2.14 million.

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