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0.00300019744477568 0.00488796212912895 -0.000255233490486451 0.0045604927451084 0.0103297327753512 0.0435678752534277 0.045990185549932 0.0110617231631617
Stock impact report

Enovix Stock Jumps on First Quarterly Revenue [MarketWatch]

Enovix Corporation (ENVX) 
Company Research Source: MarketWatch
a follow-on contract to build and test custom cells for use within U.S. Army soldiers' central power source. U.S. Army soldiers' central power source is called the Conformal Wearable Battery and created by Inventus Power Inc., Enovix said Wednesday. Enovix said it expects to begin shipping the first battery cells to Inventus Power next year. Enovix said it aims to manufacture the cells at its U.S.-based factory. The company added that it advocates for "strengthening the battery industry ecosystem within North America and increasing manufacturing capacity to support critical EV-adjacent markets." The company also posted better-than-expected results for the second quarter. The company lost a penny a share for the quarter. Stripping out stock-based compensation and the change in fair value of the liability for warrants, adjusted loss came to 13 cents a share. Analysts surveyed by FactSet were expecting an adjusted loss of 17 cents a share. Revenue came to $5.1 million, the comp Show less Read more
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