Flux Power Holdings Q3: Struggles & Strategies

Flux Power Holdings Q3 earnings saw a significant drop in revenue due to a major customers capital freeze, unstable ordering, and rising fuel costs. However, they countered with a 30% reduction in operating expenses and secured the Innovation in Sustainability Award at MODEX. Despite current challenges, they anticipate a 20% sequential revenue growth in Q4, driven by OEM partnerships, pricing adjustments, and supply chain improvements. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/55380378b11ee329

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