Flux Power Forecasts $7M-$8M Q2 Revenue Following Resumption of Major OEM Orders
Flux Power Holdings (FLUX) has provided a positive revenue outlook for the second quarter, forecasting between $7 million and $8 million. This guidance is driven by the unexpected resumption of orders from a significant customer that had previously paused its procurement activities. CEO Krishna Vanka highlighted this returning large account as a key driver for upcoming commercial traction. The shift suggests a stabilization in demand from major original equipment manufacturers (OEMs) within Flux Power's client base, marking a pivot toward increased volume following previous periods of uncertainty.
Tickers: $FLUX
Topics: commercial traction customer updates earnings call
Read the full article at Seeking Alpha
Part of the story Accuray Reports Q1 2027 Revenue Decline Amid China Market Headwinds (6 articles)