Dragonfly Energy Projects $12.5M Q4 Net Sales and Targets Adjusted EBITDA Breakeven
Dragonfly Energy Holdings Corp. (DFLI) reported significant growth in its third quarter, driven primarily by a surge in the commercial fleet sector. Management noted that revenue from trucking solutions more than doubled sequentially, signaling strong market adoption of their heavy-duty trucking battery suite. Looking ahead to the fourth quarter, the company has issued guidance projecting net sales of approximately $12.5 million. A key strategic focus for the upcoming period is reaching adjusted EBITDA breakeven, reflecting management's efforts to scale operations while improving profitability margins.
Tickers: $DFLI
Topics: commercial fleet adoption earnings report heavy-duty trucking revenue growth