Enovix Announces Third Quarter 2024 Financial Results
Enovix Corporation (ENVX)
Company Research
Source: GlobeNewswire
FREMONT, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for third quarter 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the third quarter of 2024, we made significant progress on our journey to scale. The unveiling of Fab2 was a major boost in confidence with multiple customers now indicating a desire to launch products with us starting from late 2025. Other recent highlights include: Revenue growth: Revenues were $4.3 million in the third quarter, above our guidance midpoint and up from $3.8 million in the second quarter.Manufacturing: The Company formally opened Fab2 in Malaysia and within weeks commenced shipping battery cells to customers.Commercialization: A leading smartphone OEM signed a development agreement for qualification of our battery product and mass production launch in late 202
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ENVX
News
- Enovix Set To Meet Q4 Expectations, Eyes Smartphone Battery Breakthrough: JP Morgan [Yahoo! Finance]Yahoo! Finance
- Glancy Prongay & Murray LLP Announces Investigation of Enovix Corporation (ENVX)Business Wire
- Enovix to Release Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025 [Yahoo! Finance]Yahoo! Finance
- Enovix to Release Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025GlobeNewswire
- Most Volatile Position of Massif Capital: Enovix (ENVX) [Yahoo! Finance]Yahoo! Finance
ENVX
Earnings
- 10/29/24 - Beat
ENVX
Sec Filings
- 2/14/25 - Form 4
- 2/14/25 - Form 4
- 2/14/25 - Form 4
- ENVX's page on the SEC website