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.
Earnings
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.
Past Earnings Performance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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