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$FLNC
Reports Q1 revenue of $475.23M (up 140% yoy) and backlog up to $5.5 billion.
The company said “Accelerating data center growth, utility demand and rising industrial loads continue to drive energy storage demand globally, reflected in our pipeline which has grown by approximately 30% to $30 billion since September, 2025; We have been preparing for this inflection in growth with our expanded sales effort, global supply chain and domestic content strategy, which are driving our ability to deliver competitive products to customers around the world.”
The stock is getting drilled after hours down 20% on the day after reporting a greater than expected net loss due to one time project ramp costs.
For long term investors this represents a strong entry point.

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