Fluence pushed back, insisting that its relationships with Siemens and The AES Corporation-another key founder and customer-remained strong. But the company's reassurances were soon tested again. On February 10, 2025, Fluence announced a net loss of $57 million, or $0.32 per share, for the first quarter of 2025, with revenues down 49 percent from a year earlier. The company lowered its revenue guidance for the rest of the year, citing "customer-driven delays in signing certain contracts" and "competitive pressures" as reasons for the revised outlook. The stock plunged 46 percent, closing at $7.00 the following day. The suit seeks to recover investors' losses as a result of alleged violations of the U.S. securities laws.