Siemens Energy reported preliminary quarterly revenue of about $9.4 billion for its fiscal first quarter, with a net profit of 463 million euros, marking a 75% decrease from the 1.878 billion euros earned in the same period the previous year. Despite the year-over-year decline, the company's earnings surpassed analysts' expectations of 373 million euros. Siemens Energy also improved its cash flow outlook for the year, citing a strong start to fiscal 2025 and a free cash flow before taxes that exceeded expectations. The company now anticipates surpassing its current free cash flow guidance of up to 1.000 million euros for the fiscal year 2025 and plans to update this guidance with its half-year results. Siemens Energy shares saw some recovery after the results beat expectations.