Recap: Energy Vault Holdings Q3 Earnings

Energy Vault Holdings NRGV 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

Energy Vault Holdings beat estimated earnings by 13.33%, reporting an EPS of $-0.13 versus an estimate of $-0.15.

Revenue was up $170.51 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 6.31% increase in the share price the next day.

Here's a look at Energy Vault Holdings's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.20 -0.23 -0.15 -0.10
EPS Actual -0.18 -0.22 -0.17 -0.19
Revenue Estimate 55.30M 21.43M 72.47M 6.16M
Revenue Actual 39.68M 11.42M 100.32M 1.69M

To track all earnings releases for Energy Vault Holdings visit their earnings calendar here.

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

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