Enovix Corp reports results for the quarter ended June 30 - Earnings Summary
31/07/2025 22:40
Enovix Corp ENVX.OQ reported a quarterly adjusted loss of 13 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of eleven analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -22 cents to -12 cents per share. Revenue rose 98.2% to $7.47 million from a year ago; analysts expected $6.31 million. Enovix Corp's reported EPS for the quarter was a loss of 22 cents. The company reported a quarterly loss of $44.53 million. Enovix Corp shares had risen by 30.6% this quarter and gained 24.2% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 2.9% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "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 Enovix Corp is $22.50, about 40% above its last closing price of $13.50 This summary was machine generated from LSEG data July 31 at 09:40 p.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 2025 | -0.17 | -0.13 | Beat |
| Mar. 31 2025 | -0.19 | -0.15 | Beat |
| Dec. 31 2024 | -0.18 | -0.11 | Beat |
| Sep. 30 2024 | -0.20 | -0.17 | Beat |