Dragonfly Energy Holdings Corp

Dragonfly Energy Holdings Corp. is a supplier of deep cycle lithium-ion batteries. The firm's research and development initiatives are revolutionizing the energy storage industry through innovative technologies and manufacturing processes. Its non-toxic deep cycle lithium-ion batteries are displacing lead-acid batteries across a wide range of end-markets, including RVs, marine vessels, off-grid installations, and other storage applications. The firm is also focused on delivering an energy storage solution to enable a more sustainable and reliable smart grid through the future deployment of its proprietary and patented solid-state cell technology. The company is headquartered in Reno, NV.

Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Dragonfly Energy Holdings Corp reports revenue growth and strategic partnerships

DFLI's Q1 2023 performance reflects revenue growth driven by OEM sales, despite a decrease in gross profit.
The company's focus on innovation, diversification, and strategic partnerships positions it well for future growth and market expansion.
While facing challenges in managing margins and projected net losses, DFLI has opportunities to capitalize on new market segments and technological advancements.

Dragonfly Energy reports Q2 challenges, eyes transportation market growth

Dragonfly Energy Holdings Corp faced revenue challenges in Q2 2023 due to customer shifts and lower volumes, leading to a revised outlook for 2023.
Despite losses, the company is optimistic about growth opportunities in transportation markets and the potential for revenue improvement through operational advancements.
Strategic moves towards cell manufacturing and innovation in core markets position Dragonfly Energy for future growth and market expansion.

Dragonfly Energy Holdings Corp reports Q3 challenges and growth opportunities

Dragonfly Energy Holdings Corp navigated challenges in Q3 2023 with a focus on diversification and innovation. Despite a decrease in net sales and a net loss, the company improved gross margin and maintained flat operating expenses. Looking ahead, opportunities in new technologies and market expansion position DFLI for growth and profitability in 2024.

Dragonfly Energy reports mixed Q4 results, eyes growth in 2024

Dragonfly Energy Holdings Corp navigated a challenging 2023 marked by market headwinds but showed resilience and innovation in product development and market expansion. Despite financial setbacks in Q4, the company demonstrated improved EBITDA and strategic initiatives poised for future growth. With a focus on sustainability and technological advancements, Dragonfly is well-positioned to capitalize on emerging opportunities in the battery market.

Dragonfly Energy Holdings Corp (DFLI) reports Q1 growth amidst challenges

Dragonfly Energy Holdings Corp (DFLI) showed resilience in Q1 2024, with a focus on growth and innovation despite challenges. The company's performance metrics indicate progress in key areas, setting the stage for future expansion and market penetration. By leveraging its strengths and addressing challenges, DFLI aims to capitalize on emerging opportunities and drive sustainable growth.

Dragonfly Energy reports Q2 net sales decrease, eyes revenue growth

Dragonfly Energy Holdings Corp faces challenges in heavy-duty trucking adoption delays and methane leakage solutions in the oil and gas industry.
Despite a net sales decrease and net loss in Q2 2024, the company is optimistic about revenue growth in Q3 2024 and improving gross margins.

Dragonfly Energy reports Q3 growth, eyes sector expansion for 2024

Dragonfly Energy Holdings Corp's Q3 2024 performance reflects revenue growth and strategic expansion into key sectors.
While facing challenges in managing expenses and achieving profitability, the company is poised for growth with new technology releases and partnerships.
Opportunities lie in revenue expansion, sector diversification, and strategic initiatives for sustained growth and market penetration.

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Dragonfly Energy Holdings Corp. engages in the manufacture and supply of deep cycle lithium-ion batteries. It also focuses on delivering an energy storage solution to enable a more sustainable and reliable smart grid through the future deployment of its proprietary and patented solid-state cell technology. The company is headquartered in Reno, NV.

RENO, Nev., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in green energy storage, today announced the publication of its inaugural Environmental, Social, and Governance (“ESG”) report. This comprehensive report underscores the Company's commitment to sustainability, diversity, equity, and inclusion, as well as its dedication to fostering a positive impact on the environment and communities it serves.

Dragonfly Energy Publishes 2023/2024 ESG Report Highlighting Commitment to a Sustainable Future and Diversity in its U.S. Workforce

RENO, Nev., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy storage, today, announced today that it will effect a 1-for-9 reverse stock split of its outstanding common stock. This will be effective for trading purposes as of the commencement of trading on Friday, November 22, 2024. Dragonfly Energy's common stock will continue to trade on The Nasdaq Capital Market under the symbol “DFLI” and under a new CUSIP number, 26145B 304.

Dragonfly Energy Announces 1-For-9 Reverse Stock Split

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI ) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Denis Phares - Chief Executive Officer Wade Seaburg - Chief Revenue Officer Conference Call Participants George Gianarikas - Canaccord Genuity Corp Chip Moore - ROTH Capital Partners LLC Operator Good afternoon. My name is Ena, and I will be your operator today for Dragonfly Energy's Third Quarter 2024 Earnings Call.

Dragonfly Energy Holdings Corp. (DFLI) Q3 2024 Earnings Call Transcript

Dragonfly Energy Holdings Corp. (DFLI) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.17 per share a year ago.

Dragonfly Energy Holdings Corp. (DFLI) Reports Q3 Loss, Misses Revenue Estimates

RENO, Nev., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy storage, today reported its financial and operational results for the third quarter ended September 30, 2024.

Dragonfly Energy Reports Third Quarter 2024 Financial and Operational Results

RENO, Nev., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy storage, today announced that the Company will release its financial and operational results for the third quarter ended September 30, 2024 after market close on Thursday, November 14, 2024. The earnings press release will be followed by a conference call on November 14, 2024 at 5:00 PM Eastern Time.

Dragonfly Energy to Report Third Quarter 2024 Financial and Operational Results on November 14, 2024

NASHVILLE, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp . (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries®, unveiled at the American Trucking Associations' annual Management Conference & Exhibition its Dragonfly IntelLigence™ technology for the heavy duty trucking industry. This patent-pending smart battery technology gives fleets and truck drivers real-time system monitoring and app-based connectivity, providing full visibility over their battery system. Building upon the proven reliability of Battle Born Batteries, Dragonfly IntelLigence represents the next generation of the Company's energy storage solutions, designed to optimize performance and efficiency in demanding commercial applications.

Dragonfly Energy Announces Dragonfly IntelLigence™ Smart Battery Technology for Heavy Duty Trucking Lithium Power Systems

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI ) Q2 2024 Earnings Conference Call August 14, 2024 5:00 PM ET Company Participants Denis Phares - Chief Executive Officer Wade Seaburg - Chief Revenue Officer Conference Call Participants George Gianarikas - Canaccord Genuity Corp Chip Moore - ROTH Capital Partners LLC Jeff Grampp - Alliance Global Partners Operator Good afternoon. My name is Marissa, and I will be your operator today for Dragonfly Energy's Second Quarter 2024 Earnings Call.

Dragonfly Energy Holdings Corp. (DFLI) Q2 2024 Earnings Call Transcript

Dragonfly Energy Holdings Corp. (DFLI) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.25 per share a year ago.

Dragonfly Energy Holdings Corp. (DFLI) Reports Q2 Loss, Misses Revenue Estimates

RENO, Nev., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp . (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries®, is partnering with Highway Transport, a North American leader in chemical transportation, to begin integrating the Battle Born All-Electric auxiliary power unit (“APU”) into their fleet. This marks a notable move towards improved sustainability for Highway Transport, which plans to transition their fleet of over 500 trucks to a more cost-effective and environmentally friendly solution. Highway Transport is expected to install the Battle Born All-Electric APU on new tractors in addition to retrofitting current models in their fleet.

Dragonfly Energy Powers Highway Transport's Fleet with Battle Born All-Electric APUs

ALPHARETTA, Ga., & RENO, Nev.--(BUSINESS WIRE)-- #BattleBornBatteries--Stryten Energy LLC, a U.S.-based manufacturer of advanced energy storage solutions, today announced a strategic partnership with Dragonfly Energy Holdings Corp. (Nasdaq: DFLI), an industry leader in green energy storage, to license Dragonfly Energy's Battle Born Batteries brand of lithium-ion batteries. The terms of the agreement, estimated at potentially more than $30 million, will grant exclusive licensing rights to Stryten to market and distrib.

Stryten Energy Inks Licensing Agreement with Dragonfly Energy to Launch Its Battle Born Batteries® Brand of Lithium-Ion Batteries into New Consumer Retail Markets

RENO, Nev., July 26, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy storage, today announced that the Company will release its financial and operational results for the second quarter ended June 30, 2024 after market close on Wednesday, August 14, 2024. The earnings press release will be followed by a conference call on August 14, 2024 at 5:00 PM Eastern Time.

Dragonfly Energy to Report Second Quarter 2024 Financial and Operational Results on August 14, 2024

RENO, Nev., July 10, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp . (Nasdaq: DFLI) ("Dragonfly Energy" or the "Company"), an industry leader in energy storage and maker of Battle Born Batteries®, announces the strengthening of its presence in the Canadian market through a strategic partnership with Fraserway RV, Canada's largest coast-to-coast RV dealer group. This collaboration expands Dragonfly Energy's footprint in North America, building on its continued growth in the RV industry. Fraserway RV dealerships across Canada will now stock and install Battle Born Batteries as a customer upgrade option.

Dragonfly Energy Strengthens Presence in Canada with Country's Largest Coast-to-Coast RV Dealer, Fraserway RV

The event announced a $21 million federal investment in Nevada's burgeoning lithium economy through the Tech Hub program The event announced a $21 million federal investment in Nevada's burgeoning lithium economy through the Tech Hub program

Dragonfly Energy Hosts Secretary of Commerce Raimondo and Senator Rosen, Promoting American Innovation and Workforce Development

RENO, Nev., July 01, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp . (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries®, is now a provider of lithium based liftgate power solutions for Refreshment Services Pepsi, a privately-held independent bottler and distributor for Pepsi-Cola® products. With distribution centers across the U.S., Refreshment Services Pepsi will begin integrating the Company's Battle Born Batteries products into their fleet to power liftgate operations. This shift to lithium-ion technology will offer Refreshment Services Pepsi significant cost savings and environmental advantages compared to lead-acid batteries traditionally used in this application.

Dragonfly Energy Powers Pepsi Deliveries Sustainably and Reliably With New Liftgate Battery Systems

Wakespeed 500 Pro Bluetooth Alternator Regulator and 48V/12V Bi-Directional DC-DC Converter Unlock Faster Charging Speeds and Increased Efficiency Wakespeed 500 Pro Bluetooth Alternator Regulator and 48V/12V Bi-Directional DC-DC Converter Unlock Faster Charging Speeds and Increased Efficiency

Dragonfly Energy Unveils Next-Generation of Power Charging Solutions Under the Company's Wakespeed® Product Line

RENO, Nev., June 18, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp . (Nasdaq: DFLI) ("Dragonfly Energy" or the "Company"), an industry leader in energy storage and maker of Battle Born Batteries®, today announced a partnership with Meyer Distributing, a leading distributor of specialty products across North America. Through this collaboration, Dragonfly Energy will leverage Meyer Distributing's extensive network of over 100 locations across North America to deliver Battle Born Batteries to new business-to-business customers in the recreational vehicle (“RV”) and surrounding industries.

Dragonfly Energy Partners with Meyer Distributing to Expand Reach of Battle Born Batteries® in RV and Adjacent Markets

RENO, Nev., May 29, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy storage, today announced that the Company is scheduled to participate in the following events during June 2024:

Dragonfly Energy to Participate in June 2024 Conferences

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI ) Q1 2024 Earnings Conference Call May 14, 2024 5:00 PM ET Company Participants Denis Phares - Chief Executive Officer Conference Call Participants George Gianarikas - Canaccord Chip Moore - ROTH Brian Dobson - Chardan Capital Markets Jeff Grampp - Alliance Global Partners Operator Good afternoon. My name is Jenny, and I will be your operator today for Dragonfly Energy's First Quarter 2024 Earnings Call.

Dragonfly Energy Holdings Corp. (DFLI) Q1 2024 Earnings Call Transcript

President & CEO, Dr. Denis Phares, Dives into the Company's Revolutionary Battery Technology and Sustainable Growth Strategy New York, New York--(Newsfile Corp. - May 16, 2024) - Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) ("the Company"), is excited to announce its CEO, Dr. Denis Phares recently sat down for an interview with SmallCaps Daily. During the interview, Phares discussed Dragonfly Energy's revolutionary dry electrode process, commitment to sustainability, and strategic acquisitions, shedding light on the Company's innovative approach to battery technology and its vision for future growth in diverse markets.

Dragonfly Energy's CEO, Dr. Denis Phares, is Featured in an Interview with SmallCapsDaily

Please see the updated press release below, which includes previously omitted tables reconciling non-GAAP financial measures. Dragonfly Energy has continued its expansion into the trucking industry, taking new orders for both its Battle Born ® All-Electric APUs and Battle Born ® Liftgate Power Systems from fleet operators since the beginning of 2024.

CORRECTION – Dragonfly Energy Reports First Quarter 2024 Financial and Operational Results

RENO, Nev., May 14, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy storage, today reported its financial and operational results for the first quarter ended March 31, 2024.

Dragonfly Energy Reports First Quarter 2024 Financial and Operational Results

The latest trading day saw Dragonfly Energy Holdings Corp. (DFLI) settling at $0.97, representing a -0.63% change from its previous close.

Dragonfly Energy Holdings Corp. (DFLI) Stock Slides as Market Rises: Facts to Know Before You Trade

RENO, Nev., April 30, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp . (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in green energy storage and maker of Battle Born Batteries®, announced today its pledge to plant over 10,000 trees in collaboration with the National Forest Foundation (NFF), the official non-profit partner of the USDA Forest Service, in recognition of Earth Day and the Company's commitment to sustainability.

Dragonfly Energy Partners with the National Forest Foundation to Plant Trees in Honor of Earth Day

RENO, Nev., April 29, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy storage, today announced that the Company will release its financial results for the first quarter of 2024 after market close on Tuesday, May 14, 2024. The earnings press release will be followed by a conference call on May 14, 2024 at 5:00 PM Eastern Time.

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