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Fluence Energy Records First-Time Profits as Net Income Surges 91.4% in Q4

The Q4 FY23 revenues stood at $673 million, up 52.2% YoY

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Energy storage technology and solutions provider Fluence Energy recorded a net income of $4.82 million for the fourth quarter (Q4) of the fiscal year (FY) 2022-23, a year-over-year (YoY) increase of 91.4%, achieving profitability for the first time.

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