The US-listed Siemens subsidiary Fluence Energy presented its quarterly balance sheet on Wednesday after US trading closed.
Fluence Energy continued to post losses in the first quarter of fiscal 2026. Earnings per share at the Siemens subsidiary amounted to $0.34 in the reporting period, after a loss of $0.32 per share in the same period last year. Analysts on average had previously expected Fluence Energy to narrow its losses to -$0.17 per share.
In terms of sales, the US group had a value of $475.2 million on its books in the first quarter. That was more than the previous year, when Fluence Energy had sales of $186.79 million. Analysts had expected sales to jump to $458.41 million.
The Fluence Energy share temporarily reacted in after-hours trading on the NASDAQ with a loss of 11.35 percent to $ 25.70.
Editorial team finanzen.net
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