Why Did Dragonfly Energy Plunge 30.69% Despite Revenue Surge?

Generated by AI AgentAinvest Pre-Market Radar
Monday, Jun 16, 2025 4:30 am ET1min read

On June 16, 2025, Dragonfly Energy's stock experienced a significant drop of 30.69% in pre-market trading, marking a notable decline in its share price.

Dragonfly Energy reported its Q1 2025 earnings, revealing a 6.8% year-over-year increase in revenue to $13.4 million. The company's gross profit also saw a substantial rise of 12.5% to $3.9 million, with a gross margin of 29.4%, up 500 basis points from the previous year. Despite these positive financial indicators, the company's earnings per share for the quarter were ($1.45), falling short of analysts' consensus estimates of ($1.44) by ($0.01).

Looking ahead,

is expected to see earnings growth in the coming year, with projections moving from ($6.48) to ($4.86) per share. This anticipated improvement in financial performance may influence investor sentiment and future stock price movements.

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