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Fluence Energy backs FY24 revenue view $2.7B-$3.3B, consensus $2.97B

The company said, “The Company is reaffirming its fiscal year 2024 total revenue and Adjusted EBITDA6 guidance ranges of $2.7 billion to $3.3 billion and $50 million to $80 million, respectively. Approximately 90% of the midpoint of the fiscal year 2024 revenue guidance is covered by the Company’s current backlog plus revenue recognized year to date. In addition, the Company is reaffirming its fiscal year 2024 annual recurring revenue (“ARR”) guidance of approximately $80 million.”

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