Enovix: Finally Some Traction In Business And Signs Of Success [Seeking Alpha]
Enovix Corporation (ENVX)
Company Research
Source: Seeking Alpha
including its first positive non-GAAP gross margin and highest quarterly revenue to date. The company has been developing silicon anode technology, which offers high electricity capacity and is ideal for products requiring longer battery life, despite challenges with efficiency and performance. ENVX is in a development agreement with a smartphone manufacturer, has reduced its operational cash burn, and is expected to continue growing sales into 2026, leading to a "Buy". Enovix ( NASDAQ: ENVX ) has just announced its quarterly earnings for Q1 2024, which has excited investors with many breakthroughs: 1) first non-GAAP positive gross margin, 2) highest quarterly revenue to date, 3) announced partnership with leading smartphone manufacturer, amongst other achievements. Recommended For You Recommended For You About ENVX Stock More on ENVX Related Stocks Trending Analysis Trending News
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ENVX
News
- Bedrock Materials Secures $9 Million Seed Funding, Establishes R&D Headquarters in Chicago [Yahoo! Finance]Yahoo! Finance
- Enovix Begins Customer Sampling of EX-1M Batteries [Yahoo! Finance]Yahoo! Finance
- Enovix Begins Customer Sampling of EX-1M BatteriesGlobeNewswire
- Enovix to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
- Enovix to Participate in Upcoming Investor ConferencesGlobeNewswire
ENVX
Earnings
- 5/1/24 - Beat
ENVX
Sec Filings
- 5/15/24 - Form 4
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- ENVX's page on the SEC website