Dragonfly Energy (NASDAQ:DFLI) Releases Quarterly Earnings Results, Beats Expectations By $0.34 EPS

Dragonfly Energy (NASDAQ:DFLI) posted its quarterly earnings results on Monday. The company reported ($1.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.35) by $0.34, Zacks reports. Dragonfly Energy had a negative return on equity of 251.32% and a negative net margin of 56.80%. Dragonfly Energy updated its Q1 2025 guidance to EPS.

Dragonfly Energy Stock Down 5.8 %

Shares of DFLI stock traded down $0.08 during trading hours on Monday, reaching $1.30. The company had a trading volume of 178,467 shares, compared to its average volume of 74,162. The stock’s fifty day simple moving average is $2.03 and its 200 day simple moving average is $3.46. The company has a market capitalization of $9.43 million, a P/E ratio of -0.32 and a beta of -0.76. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.31 and a current ratio of 0.80. Dragonfly Energy has a twelve month low of $1.05 and a twelve month high of $13.14.

About Dragonfly Energy

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others.