Recap: Enovix Q4 Earnings

Enovix ENVX reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Enovix missed estimated earnings by 3.7%, reporting an EPS of $-0.28 versus an estimate of $-0.27.

Revenue was up $6.29 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 14.75% increase in the share price the next day.

Here's a look at Enovix's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.23 -0.22 -0.21 -0.16
EPS Actual -0.19 -0.19 -0.20 -0.19
Revenue Estimate 120K 60K 40K 900K
Revenue Actual 200K 42K 21K 1.09M

To track all earnings releases for Enovix visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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