Enovix Corporation reports results for the quarter ended June 30 - Earnings Summary
Enovix Corporation reports results for the quarter ended June 30 - Earnings Summary
Enovix Corporation ENVX.OQ reported a quarterly adjusted loss of 13 cents per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of eleven analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -16 cents to -14 cents per share.
Revenue rose 20.8% to $9.02 million from a year ago; analysts expected $8.43 million.
Enovix Corporation's reported EPS for the quarter was a loss of 20 cents.
The company reported a quarterly loss of $43.06 million.
Enovix Corporation shares had fallen by 20.4% this quarter and lost 33.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and 1 "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 Corporation is $15.00, about 68.5% above its last closing price of $4.73
This summary was machine generated from LSEG data August 12 at 10:19 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 2026 | -0.15 | -0.13 | Beat |
Mar. 31 2026 | -0.16 | -0.14 | Beat |
Dec. 31 2025 | -0.18 | -0.14 | Beat |
Sep. 30 2025 | -0.16 | -0.14 | Beat |
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