Enovix (NASDAQ: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.
