Enovix: Q3 Earnings Insights

Enovix ENVX reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

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

Enovix beat estimated earnings by 17.39%, reporting an EPS of $-0.19 versus an estimate of $-0.23.

Revenue was up $192 thousand from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 4.9% drop in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.22	-0.21	-0.16	-0.16
EPS Actual	-0.19	-0.20	-0.19	-0.15
Revenue Estimate	60K	40K	900K	440K
Revenue Actual	42K	21K	1.09M	8K

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.

Earnings Calendar