Enovix Announces Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]
Enovix Corporation (ENVX)
Company Research
Source: Yahoo! Finance
today financial results for fourth quarter and full year 2023, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the fourth quarter of 2023 we completed our acquisition of Routejade and positioned the company to scale with high-volume manufacturing in Malaysia. Our highlights for the quarter include: Record top-line performance: Revenue of $7.4 million in the fourth quarter of 2023, up from $1.1 million in the fourth quarter of 2022 and $0.2 million in the third quarter of 2023. Revenue strength was driven by strong performance from Routejade, along with continued volume shipments of BrakeFlow TM -enabled batteries for the U.S. Army. Scale-up of Fab2 in Malaysia: Built out approximately 250,000 square feet of factory space and began receiving shipments of Gen2 equipment that had cleared Factory Acceptance Testing (“FAT”) during the quarter. We remain on track to produce first silicon battery samples from Fab2 in April. Cust
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ENVX
News
- Enovix Co. (NASDAQ: ENVX) had its price target lowered by analysts at JPMorgan Chase & Co. from $18.00 to $12.00. They now have an "overweight" rating on the stock.MarketBeat
- Enovix Co. (NASDAQ: ENVX) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $30.00 price target on the stock.MarketBeat
- Enovix to Release First Quarter 2024 Financial Results on May 1, 2024, and Additionally Host Live “Ask Me Anything” Video Call with CEO Dr. Raj Talluri on May 6, 2024 [Yahoo! Finance]Yahoo! Finance
- Enovix to Release First Quarter 2024 Financial Results on May 1, 2024, and Additionally Host Live “Ask Me Anything” Video Call with CEO Dr. Raj Talluri on May 6, 2024GlobeNewswire
- Enovix Announces Fab2 Manufacturing Milestones [Yahoo! Finance]Yahoo! Finance
ENVX
Earnings
- 2/20/24 - Beat
ENVX
Sec Filings
- 4/25/24 - Form 4
- 4/19/24 - Form 4
- 4/16/24 - Form 4
- ENVX's page on the SEC website