Energy Storage Company Fluence Reports 50% Rise in Revenue Q1 FY 2022
The company registered a net loss of $111 million in Q1 FY 2022
February 11, 2022
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Fluence, a provider of energy storage products and services, has announced the results for the first quarter (Q1) of the fiscal year (FY) 2022. The company reported total revenue of $175 million in Q1 FY 2022, up 50% year-over-year (YoY) from $116 million during Q1 FY 2021.