Fluence Energy Q2 Net Loss Narrows by 66% on Lower Costs

The company’s gross profit more than doubled from last year

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Fluence Energy, a utility-scale energy storage firm, reported a 66% narrower net loss of $12.9 million in the second quarter (Q2) of financial year (FY) 2023-24 from $37.4 million last year as it reigned in its operating expenses.

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