Flux Power Holdings Faces Financial Turbulence and Legal Issues Ahead of Earnings
Flux Power Holdings, Inc. anticipates an earnings per share (EPS) of -0.13 and revenue of approximately 13.5 million for its upcoming earnings report. The company faces significant challenges, including a securities fraud lawsuit which could impact investor confidence. Key metrics highlight a concerning situation with a negative price-to-earnings ratio of -5.26 and a debt-to-equity ratio of 2.52. Despite these hurdles, the current assets slightly outpace liabilities, providing minimal short-term stability. Investors should tread carefully as earnings approaches.