Amprius Technologies Inc reports results for the quarter ended in June - Earnings Summary

Amprius Technologies

09/08/2024 06:19

* Amprius Technologies Inc  AMPX.N  reported a quarterly
adjusted
loss of 13 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of -11 cents.  The mean expectation of seven analysts for
the quarter was for a loss of 11 cents per share. Wall Street
expected results to range from -13 cents to -9 cents per share.
    * Revenue rose 105% to $3.35 million from a year ago;
analysts
expected $2.49 million. 
    * Amprius Technologies Inc's reported EPS for the quarter
was a
loss of 13 cents​.
    * The company reported a quarterly loss of $12.52 million.
    * Amprius Technologies Inc shares had fallen by 4.7% this
quarter and lost 77.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electrical
components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Amprius
Technologies Inc is $9.50 
This summary was machine generated from LSEG data August 9 at
05:19 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.11          -0.13          Missed
 Mar. 31 2024      -0.12          -0.11          Beat
 Dec. 31 2023      -0.11          -0.11          Met
 Sep. 30 2023      -0.12          -0.10          Beat