Flux Power to Present at the Baird 2024 Vehicle Technology & Mobility Conference on February 29, 2024

Rhea-AI Summary

Flux Power Holdings, Inc. (NASDAQ: FLUX) will attend the Baird 2024 Vehicle Technology & Mobility Conference to discuss ongoing product development, market expansion, and fiscal second quarter 2024 financial results. The company reported record quarterly Revenue of $18.3 million, Positive Adjusted EBITDA, Gross Profit up 38% to $5.7 million, Gross Margin of 31%, and Order Backlog of $30.1 million.

Positive

• Record quarterly Revenue of $18.3 million.
• Positive Adjusted EBITDA and Gross Profit up 38% to $5.7 million.
• Gross Margin of 31% and Order Backlog of $30.1 million.
• CEO Ron Dutt to conduct virtual one-on-one meetings and deliver a presentation at the conference.

Negative

• None.

VISTA, Calif.--(BUSINESS WIRE)-- Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will attend the Baird 2024 Vehicle Technology & Mobility Conference being held virtually on February 29, 2024.

Flux Power Chief Executive Officer Ron Dutt and Chief Financial Officer Chuck Scheiwe will conduct virtual one-on-one meetings during the conference to discuss ongoing product development and market expansion initiatives and recently reported fiscal second quarter 2024 financial results with record quarterly Revenue of $18.3 million, Positive Adjusted EBITDA, Gross Profit up 38% to $5.7 million, Gross Margin of 31%, and Order Backlog of $30.1 million.

Chief Executive Officer Ron Dutt will deliver the Company’s virtual presentation on Thursday, February 29 at 2:15 PM ET in Session I.

Baird 2024 Vehicle Technology & Mobility Conference
Date: February 29, 2024
Location: Virtual
Speaker: Chief Executive Officer Ron Dutt
Presentation Time: Thursday, February 29 at 2:15 PM ET in Session I
Webcast: Available to Conference Participants Only
Format: In-person 1x1’s and Presentation
Conference Website: Click here

For more information on the Baird 2024 Vehicle Technology & Mobility Conference, or to schedule a one-on-one meeting with Flux Power management, please contact your Baird representative or you may also email your request to FLUX@mzgroup.us or call Chris Tyson at (949) 491-8235.

About Flux Power Holdings, Inc.

Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com.

Follow us at:

Blog: Flux Power Blog
News: Flux Power News
Twitter: @FLUXpwr
LinkedIn: Flux Power

View source version on businesswire.com: https://www.businesswire.com/news/home/20240214537291/en/

Media & Investor Relations:

media@fluxpower.com

info@fluxpower.com



External Investor Relations:

Chris Tyson, Executive Vice President

MZ Group - MZ North America

949-491-8235

FLUX@mzgroup.us

www.mzgroup.us

Source: Flux Power Holdings, Inc.

FAQ

What is the ticker symbol for Flux Power Holdings, Inc.?

The ticker symbol for Flux Power Holdings, Inc. is FLUX.

What financial results were reported by Flux Power Holdings, Inc. for the fiscal second quarter of 2024?

Flux Power Holdings, Inc. reported record quarterly Revenue of $18.3 million, Positive Adjusted EBITDA, Gross Profit up 38% to $5.7 million, Gross Margin of 31%, and Order Backlog of $30.1 million.

Who will deliver the virtual presentation at the Baird 2024 Vehicle Technology & Mobility Conference for Flux Power Holdings, Inc.?

Chief Executive Officer Ron Dutt will deliver the virtual presentation at the Baird 2024 Vehicle Technology & Mobility Conference for Flux Power Holdings, Inc.

When is the presentation scheduled to take place at the Baird 2024 Vehicle Technology & Mobility Conference?

The presentation is scheduled to take place on Thursday, February 29 at 2:15 PM ET in Session I at the Baird 2024 Vehicle Technology & Mobility Conference.