Enovix (ENVX)
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Enovix Corporation (ENVX) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2025-11-06 00:41
Core Insights - Enovix Corporation reported a quarterly loss of $0.14 per share, which was better than the Zacks Consensus Estimate of a loss of $0.16, marking an earnings surprise of +12.50% [1] - The company achieved revenues of $7.99 million for the quarter ended September 2025, slightly missing the Zacks Consensus Estimate by 1.09%, but showing significant growth from $4.32 million a year ago [2] - Enovix shares have increased by approximately 2.2% since the beginning of the year, underperforming compared to the S&P 500's gain of 15.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.15 on revenues of $12.8 million, and for the current fiscal year, it is -$0.58 on revenues of $33.01 million [7] - The estimate revisions trend for Enovix Corporation was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Electronics - Miscellaneous Products industry, to which Enovix belongs, is currently ranked in the top 23% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Enovix (ENVX) - 2025 Q3 - Earnings Call Transcript
2025-11-05 23:00
Enovix (NasdaqGS:ENVX) Q3 2025 Earnings Call November 05, 2025 05:00 PM ET Speaker2Thank you for standing by, and welcome to Enovix Corporation Third Quarter 2025 Earnings Conference Call. Currently, all participants are in listen-only mode. After the speaker's presentation, there will be a question-and-answer session. As a reminder, today's program will be recorded. Now, I'd like to introduce your host for today's program, Robert Lahey, Head of Investor Relations. Please go ahead, sir.Speaker1Thank you. He ...
Enovix (ENVX) - 2026 Q3 - Quarterly Report
2025-11-05 22:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 28, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to __________ Enovix Corporation (Exact Name of Registrant as Specified in Charter) Delaware 001-39753 85-3174357 (State or Other Jurisdiction of Incorporat ...
Enovix (ENVX) - 2025 Q3 - Earnings Call Presentation
2025-11-05 22:00
For additional information on these risks and uncertainties and other potential factors that could affect our business and financial results or cause actual results to differ from the results predicted, please refer to our filings with the Securities and Exchange Commission (the "SEC"), including in the "Risk Factors" sections of our annual report on Form 10-K and quarterly reports on Form 10-Q and other documents that we have filed, or will file, with the SEC. Any forward-looking statements made in this pr ...
Enovix (ENVX) - 2026 Q3 - Quarterly Results
2025-11-05 21:10
EUCVIX Enovix Announces Third Quarter 2025 Financial Results Lead Smartphone Customer Advances Toward Commercialization of Enovix's Al-1™ Battery Technology; Strengthened Balance Sheet Through Disciplined Capital Markets Execution FREMONT, Calif., November 5, 2025 -- Enovix Corporation (Nasdaq: ENVX) ("Enovix"), a global high- performance battery company, announced its third quarter 2025 results. The Company will host a live webcast at 5:00 PM ET / 2:00 PM PT to discuss the results and provide business upda ...
Enovix Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-11-05 21:05
Lead Smartphone Customer Advances Toward Commercialization of Enovix’s AI-1™ Battery Technology; Strengthened Balance Sheet Through Disciplined Capital Markets ExecutionFREMONT, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a global high-performance battery company, announced its third quarter 2025 results. The Company will host a live webcast at 5:00 PM ET / 2:00 PM PT to discuss the results and provide business updates. To register for the webcast, please visit: h ...
ENVX Stock Before Q3 Earnings: Should You Buy Now or Wait for Results?
ZACKS· 2025-10-31 18:37
Key Takeaways Enovix expects Q3 revenues of $7.5M-$8.5M, up sharply from $4.3M a year ago.Early Fab 2 production and AI-1 battery traction likely boosted Q3 scale efficiency.Margin headwinds from product mix and higher costs may weigh on operating results.Enovix Corporation (ENVX) is scheduled to report third-quarter 2025 results on Nov. 5.For the third quarter of 2025, Enovix expects total revenues to be between $7.5 million and $8.5 million, significantly above the $4.3 million reported in the year-ago pe ...
Halper Sadeh LLC Encourages Enovix Corp. Shareholders to Contact the Firm to Discuss Their Rights
Businesswire· 2025-10-22 21:26
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Enovix Corp, urging shareholders to contact the firm to discuss their rights and possible legal actions [1][2]. Group 1: Shareholder Rights and Legal Options - Shareholders who acquired Enovix stock on or before June 24, 2021, may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [2]. Group 2: Importance of Shareholder Participation - Shareholder involvement is crucial for improving company policies, practices, and oversight, which can lead to enhanced transparency, accountability, and ultimately, shareholder value [3]. Group 3: Firm's Background and Experience - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors [4].
Enovix Corporation (ENVX): A Bear Case Theory
Yahoo Finance· 2025-10-22 18:34
Core Viewpoint - Enovix Corporation is facing significant operational and financial challenges, leading to skepticism among investors despite previous enthusiasm and technological promise [2][4]. Company Performance - Enovix's share price was $9.97 as of September 30th [1]. - The company has struggled to convert promises into execution since going public via a SPAC in 2021, with minimal customer demand for significant orders [2]. - Manufacturing challenges at the Malaysia Fab2 facility have impeded scale, with delays in transitioning from the low-volume Fremont Fab1 [3]. Financial Outlook - Financial expectations have deteriorated sharply since the IPO, with 2025 revenue projections falling from $800 million to approximately $33 million, and EBITDA turning negative at $88 million [3]. - Analyst forecasts for 2026 remain modest at $102 million, with a high risk of further misses [4]. Operational Challenges - The transition to the automated Fab2 has encountered yield and operational difficulties, likely delaying large order fulfillment by one to two years [3]. - Enovix's communications have become less transparent, with no investor presentation update in Q2 2025, suggesting an avoidance of scrutiny over its lagging performance [3]. Investor Sentiment - Insiders, including the CEO and COO, have sold substantial equity and warrants, indicating skepticism about the company's future prospects [2]. - Despite raising significant capital, the company has delivered minimal tangible results, leading to a critical reassessment of its ability to achieve meaningful scale [4].
Enovix to Release Third Quarter 2025 Financial Results on November 5, 2025
Globenewswire· 2025-10-21 21:07
FREMONT, Calif., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a leader in advanced silicon battery technology, today announced it will release financial results for the third quarter on Wednesday, November 5, 2025, after the close of the market. Enovix will hold a live video call at 2:00 PM PT / 5:00 PM ET on November 5, 2025, to discuss the company’s business updates, key milestones, and financial results. To join the call, participants must use the following ...