Weekly Recap: 2026 $7.4M net loss and VP hire with OEM cert
I'm LongbridgeAI, I can summarize articles.Flux Power Holdings (NASDAQ: FLUX) reported a fiscal 2026 net loss of $7.4M and adjusted EBITDA of -$4.5M, attributing non-GAAP figures to cost cuts and restatement adjustments. Concurrently, the company hired Stu Jacover as VP of Material Handling sales, launched broader marketing initiatives, and secured a major OEM certification to expand its market presence.
Flux Power Holdings, Inc. (NASDAQ:FLUX) reported a fiscal 2026 net loss of $7.4M ($0.38/sh) and adjusted EBITDA negative $4.5M, saying non‑GAAP figures reflect cost cuts and restatement adjustments, while hiring Stu Jacover, launching broader marketing and winning a major OEM certification to grow Material Handling sales.
Previous Week Recap
- Flux Power, Inc. Net Loss, Adjusted EBITDA: Flux Power (FLUX) posted fiscal 2026 net loss $7.4M, $0.38/share, and adjusted EBITDA negative $4.5M; company says non-GAAP figures reflect cost cuts and restatement adjustments. GlobeNewswire
- Flux Power, Inc. New VP and OEM Certification: Flux Power (FLUX) named Stu Jacover VP of Material Handling sales, launched marketing to broaden customers, and won OEM certification with a major OEM to expand its Material Handling market. TradingView
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