Dragonfly Energy Holdings Corp. announced preliminary first quarter 2025 Net Sales and Adjusted EBITDA.
The company anticipates first quarter 2025 Net Sales of $13.4 million and Adjusted EBITDA of $(3.6) million, above the guidance provided in the fourth quarter of 2024.
“First quarter results represent our second consecutive quarter of year over year growth as we continue to execute on a number of important growth initiatives while focusing on driving profitability.” said Dr. Denis Phares, chief executive officer.
Adjusted EBITDA is a non-GAAP measure and should be considered only as supplemental to, and not as superior to, financial measures prepared in accordance with GAAP. Please refer to the reconciliation of Adjusted EBITDA to its nearest GAAP measure in this release.
The first quarter 2025 Net Sales and Adjusted EBITDA are preliminary and are subject to finalization in connection with the preparation of the company’s Quarterly Report on Form 10-Q for the three months ended March 31.
First Quarter 2025 Webcast Information
The Dragonfly Energy management team will host a conference call to discuss its first quarter 2025 financial and operational results on Thursday, May 15 at 4:30 PM Eastern Time. The call can be accessed live via webcast by clicking here, or through the Events and Presentations page within the Investor Relations section of Dragonfly Energy’s website here. The call can also be accessed live via telephone by dialing 646-564-2877, toll-free in North America 800-549-8228, or for international callers +1 289-819-1520, and referencing conference ID: 76172. Please log in to the webcast or dial in to the call at least 10 minutes prior to the start of the event.
An archive of the webcast will be available for a period of time shortly after the call on the Events and Presentations page on the Investor Relations section of Dragonfly Energy’s website, along with the earnings press release.
Click here to view the full release and financial tables.
