Fluence Energy

Fluence Energy, Inc. engages in energy storage products and services, and artificial intelligence-enabled digital applications for renewables, and storage. It also offers delivery and recurring operational services, as well as financing structuring services, such as energy-storage-as-a-service. Its products include Gridstack, Sunstack, and Edgestack. The company was founded on June 21, 2021, and is headquartered in Arlington, VA.

Earnings data Q4 2021

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Earnings data Q3 2024

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Fluence Energy excels in Q1 2023, eyes international expansion

Fluence Energy's Q1 2023 performance showcased strong revenue, strategic growth initiatives, and supply chain advancements. The company's focus on non-GAAP measures, customer-centric approach, and digital expansion position it well for future growth and profitability.

Fluence Energy reports record revenue and raises guidance for 2023

Fluence Energy's Q2 2023 earnings call showcased impressive financial performance, strong growth in recurrent revenue businesses, and a focus on strategic objectives for sustainable growth. While challenges exist in transitioning to higher margin contracts, the company's increased revenue guidance and margin improvement strategies offer promising opportunities for future profitability.

Fluence Energy reports robust Q3 earnings, eyes market expansion

Fluence Energy's Q3 performance showcased revenue growth, margin challenges, and digital business strength, with raised revenue guidance for '23 and '24.
The company's strategic objectives focus on profitable growth, product development, and financial improvement, supported by strong demand outlook and market dynamics.
While facing challenges in margin maintenance and customer retention, Fluence Energy is well-positioned to capitalize on market opportunities in storage and software solutions.
Overall, Fluence Energy's financial performance, strategic partnerships, and innovation efforts position the company for sustained growth and profitability in the energy sector.

Fluence Energy reports robust Q4 earnings and eyes growth opportunities

Fluence Energy's Q4 2023 performance showcased strong revenue, gross profit, and EBITDA, with a positive outlook for fiscal '24.
The company's strengths lie in margin confidence, EBITDA growth prospects, and growth in storage and renewable energy projects.
Challenges include pipeline composition, backlog concentration, and deposit financing, while opportunities exist in product development and market expansion.

Fluence Energy reports record revenue and backlog growth in Q1

Fluence Energy's Q1 2024 performance showcased strong revenue, order intake, and backlog growth, with a focus on cost management and supply chain resilience.
The company faces challenges in managing negative adjusted EBITDA, potential margin risks, and project timing concerns, requiring proactive strategies.
Opportunities in domestic content batteries, EU policy support, and AI data center power needs present avenues for growth and diversification.
Overall, Fluence Energy's strategic progress, resilient supply chain, and readiness to capitalize on incentives position it well for future growth and success.

Fluence Energy achieves first full-year profit, anticipates strong growth

Fluence Energy delivered a strong financial performance, marking its first full-year profit and demonstrating solid revenue growth. While facing challenges related to market dynamics and operational factors, the company's strategic focus on innovation and supply chain resilience opens up promising opportunities for future growth and success.

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Fluence Energy, Inc. engages in energy storage products and services, and artificial intelligence-enabled digital applications for renewables and storage. The company was founded on June 21, 2021, and is headquartered in Arlington, VA.

Clean tech has held up decently this year, despite higher interest rates. A long-term bullish case exists for many energy storage stocks as renewable power grows as a share of the generation mix.

Fluence Energy: A Bullish Technical Move On This Non-Profitable Energy Storage Stock

BANGKOK, Thailand, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, and the Electricity Generating Authority of Thailand (EGAT), today announced a memorandum of understanding to develop the battery-based energy storage market in Thailand. Fluence and EGAT aim to increase the deployment of energy storage to support the increased integration of renewables into the power grid and achieve Thailand's clean energy targets.

Fluence Signed an MOU with EGAT to Develop Thailand Energy Storage Market, Expand Footprint in Southeast Asia

Fluence Energy, Inc. (NASDAQ:FLNC ) Q4 2022 Earnings Conference Call December 13, 2022 8:30 AM ET Company Participants Lexington May - VP, IR Julian Nebreda - President & CEO Manavendra Sial - CFO Rebecca Boll - Chief Product Officer Conference Call Participants James West - Evercore ISI Brian Lee - Goldman Sachs George Gianarikas - Canaccord Genuity Maheep Mandloi - Credit Suisse Ben Kallo - Baird Sean McLoughlin - HSBC Pavel Molchanov - Raymond James Ryan Levine - Citi Tom Curran - Seaport Research Partners Craig Shere - Tuohy Brothers Operator Good day, and thank you for standing by. Welcome to the Fluence Energy Fourth Quarter 2022 Earnings Conference Call.

Fluence Energy, Inc. (FLNC) Q4 2022 Earnings Call Transcript

The energy storage company energized investors with its quarterly results.

Why Fluence Energy Stock Is Skyrocketing Today

Fluence-made battery packs, to be developed in the U.S., will allow greater global supply chain flexibility to best serve customers with rapid energy storage deployment Fluence-made battery packs, to be developed in the U.S., will allow greater global supply chain flexibility to best serve customers with rapid energy storage deployment

Fluence to Design and Manufacture Battery Packs as Part of Storage Products

Fluence Energy, Inc. (FLNC) delivered earnings and revenue surprises of -20% and 22.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Fluence Energy, Inc. (FLNC) Reports Q4 Loss, Tops Revenue Estimates

Delivered Highest Revenue in Company History & Positive Gross Margin

Fluence Energy, Inc. Reports Fourth Quarter and Full Fiscal Year 2022 Financial Results

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The three major U.S. equity indexes closed higher on Thursday. The Dow Jones industrials ended the day up 0.55%, the S&P 500 closed 0.75% higher and the Nasdaq ended 1.13% higher.

Earnings Previews: Coupa Software, Fluence Energy, Oracle

The pilot project is the first of its kind in the Baltics, and one of the first globally, that uses a grid-scale battery-based energy storage system on the transmission network The pilot project is the first of its kind in the Baltics, and one of the first globally, that uses a grid-scale battery-based energy storage system on the transmission network

Fluence and Litgrid Energy Storage-as-Transmission Pilot Project Wins Prestigious S&P Global Energy Award

First Solar

275 MW solar, 125 MWh storage ERCOT project located in Denton County, Texas MINNEAPOLIS , Nov. 29, 2022 /PRNewswire/ -- National Grid Renewables announced today the start of commercial operation at its Noble Solar and Storage Project (Noble) in Denton County, Texas. Noble is a 275 megawatt (MW) solar and 125 megawatt-hour (MWh) energy storage project located in the Electric Reliability Council of Texas (ERCOT) market that began construction last year.

Commercial Operation Commences at National Grid Renewables' Noble Solar & Storage Project

ARLINGTON, Va., Nov. 22, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), announced today that it will report earnings for the fourth quarter and fiscal year ended September 30, 2022 on Monday, December 12th, 2022, after market close.

Fluence Energy, Inc. Announces Fourth Quarter and Fiscal Year 2022 Earnings Release Date, Conference Call and Webcast

Owned and operated by The AES Corporation, this is one of the largest energy storage complexes operating in California Owned and operated by The AES Corporation, this is one of the largest energy storage complexes operating in California

Fluence Ecosystem Supplies 908 MWh Battery-Based Energy Storage Complex in California

The 250 MW Netzbooster (“Grid Booster”) project is being deployed to increase network utilisation across the German transmission system by using battery-based energy storage The 250 MW Netzbooster (“Grid Booster”) project is being deployed to increase network utilisation across the German transmission system by using battery-based energy storage

World's Largest Storage-as-Transmission Project Announced by Fluence and TransnetBW to Strengthen Energy Security and Renewable Integration in Germany

Fluence grows by acquisition of Nispera: big focus on digital contracts. Significant change in senior management with new CEO and CFO, but no drama.

Fluence: Getting Into Its Stride With Energy Storage And Management

Large-scale fire test conducted by Fluence and independent firm DNV demonstrates industry-leading safety performance of Fluence's modular energy storage technology Large-scale fire test conducted by Fluence and independent firm DNV demonstrates industry-leading safety performance of Fluence's modular energy storage technology

Fluence Surpasses Highest UL Requirements for Energy Storage Product Safety

Fluence Appoints Manavendra Sial as Chief Financial Officer Fluence Appoints Manavendra Sial as Chief Financial Officer

Fluence Energy, Inc. Announces CFO Transition

Fluence Energy, Inc. (NASDAQ:FLNC ) Q3 2022 Earnings Conference Call August 16, 2022 8:30 AM ET Company Participants Lex May - Director of Investor Relations Manuel Pérez Dubuc - Chief Executive Officer Dennis Fehr - Chief Financial Officer Rebecca Boll - Chief Product Officer Julian Nebreda - Director Conference Call Participants Julien Dumoulin-Smith - Bank of America Maheep Mandloi - Credit Suisse David Peters - Wolfe Research James West - Evercore ISI George Gianarikas - Canaccord Genuity Craig Shere - Tuohy Brothers Operator Good day. And welcome to Fluence Energy's Third Quarter Earnings Conference Call [Operator Instructions].

Fluence Energy, Inc. (FLNC) CEO Manuel Pérez Dubuc on Q3 2022 Results - Earnings Call Transcript

ARLINGTON, Va., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and digital applications for renewables and storage, today announced that effective August 29, Krishna Vanka will join the company as Senior Vice President and Chief Digital Officer to lead the strategic growth of Fluence's Software-as-a-Service (SaaS) business. Krishna joins the company at a time of rapid adoption of Fluence's cloud-based software products, used to optimize solar, wind, and energy storage assets. Fluence currently offers two SaaS products as part of the Fluence IQ™ Digital Platform: Fluence Mosaic™ and Fluence Nispera™, with a combined portfolio of more than 16 GW of assets contracted or under management globally.

Krishna Vanka Joins Fluence as Senior Vice President and Chief Digital Officer to Scale the Strategic Growth of Fluence's SaaS Business

Strong Cash Generation Showcases Backlog Conversion and Balance Sheet Strength Strong Cash Generation Showcases Backlog Conversion and Balance Sheet Strength

Fluence Energy, Inc. Reports Third Quarter 2022 Results

ARLINGTON, Va., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), announced today that it will report earnings for the third quarter ended June 30, 2022 on Monday, August 15th, 2022, after market close.

Fluence Energy, Inc. Announces Third Quarter Earnings Release Date, Conference Call and Webcast

Julian Nebreda to take the helm as President and Chief Executive Officer Julian Nebreda to take the helm as President and Chief Executive Officer

Fluence Energy, Inc. Announces Leadership Change

Fluence Energy, Inc. is a pure-play energy storage leader. Top tier names like Siemens and AES are major shareholders, while Qatar Investment Authority has made an important investment in Fluence.

Fluence Energy: An Energy Storage Leader On Sale

ERLANGEN, Germany, July 14, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (Nasdaq: FLNC), a leading global provider of energy storage products and services and digital applications for renewables and storage, today, along with nine other signatories, released the following open letter to European policy makers and the media regarding the REPowerEU plan and the urgent need to rethink the structure of European energy markets. Specifically, the letter outlines why Europe needs a rapid rollout of technologies to increase grid flexibility, and strong targets and policy frameworks in place to encourage the near-term adoption of these technologies.

Fluence and Nine Additional Energy Market Organisations Issue Open Letter to European Policy Makers and the Media regarding the REPowerEU Plan

ERLANGEN, Germany, July 12, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a global market leader in energy storage products, services, and digital applications for renewables and storage, will supply a combined 11.7 MW/34 MWh battery-based energy storage system to Münch Energie, one of the largest decentralised energy suppliers and developers of photovoltaic power plants in Germany.

Fluence and Münch Energie Are Building a Hybrid Storage Plant Enabling Smart Integration of Solar PV in Germany

Fluence India Technology Centre, located in Bangalore, will serve as an engineering centre of excellence for supporting customers globally and in India Fluence India Technology Centre, located in Bangalore, will serve as an engineering centre of excellence for supporting customers globally and in India

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