Fluence Corporation Limited provides earnings guidance for the fiscal year 2022. For the year, the company expects revenue is $144 million, up 40% from $103.2 million in 2021. $109.4 million or 76% of this anticipated full year revenue is comprised of First Quarter revenues plus contracted backlog anticipated to become 2022 revenue.

SPS revenues continue to be forecast at $45 million, up 22% from $36.9 million in 2021.