Why Is Fluence Energy Stock Sinking Thursday?

Fluence Energy Inc. (NASDAQ: FLNC ) stock traded sharply lower Thursday after the battery energy storage company reported fiscal third-quarter results that missed Wall Street estimates and lowered its full-year 2026 revenue guidance as production and project delays pushed deliveries into next year. Q3 Results Miss Expectations The company reported a third-quarter adjusted loss of 24 cents per share, compared with analysts’ expectations for a loss of 2 cents per share. Revenue from continuing operations totaled $600.2 million, missing the consensus estimate of $848.2 million. Including related-party revenue, total revenue increased 7.9% year over year to $649.8 million. However, the company said revenue came in below expectations because of production delays at new contract manufacturing facilities. Profitability also weakened. Adjusted gross margin fell to 5.9% from 15.4% a year...