Daniel Grizelj Manufacturing on track Amidst depressed sentiment, the management team of Enovix (NASDAQ:ENVX) fired on all cylinders in the first quarter of 2024. Key milestones for manufacturing have been reached and Enovix is on track to produce and deliver its first samples with the EX-1M technology in the second quarter of 2024 and for Fab2 to be ready for production in the second half of 2024. As sampling goes out, I expect to see more commercial interest in Enovix. This was further supported by a deve ...

FREMONT, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced that it has begun customer sampling of its breakthrough EX-1M battery. Initial EX-1M samples were built and tested at the company's facility in Fremont for IoT and smartphone customers. Enovix plans to build a larger number of EX-1M samples from its Agility Line at Fab2 in Malaysia later in the second quarter of 2024. "We set out on an ambitious plan last ...

FREMONT, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced its participation in the following investor conferences in May and June: J.P. Morgan 52nd Annual Global Technology, Media, and Communications ConferenceDate: Tuesday, May 21, 2024Location: Boston, Mass.Presentation: 4:25 PM ETWebcast link: Available here B. Riley 23rd Annual Institutional Investor ConferenceDate: Thursday, May 23, 2024Location: Beverly Hi ...

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 March 31, 2024 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) (Successor to RODGERS SILICON VALLEY ACQUISITION CORP.) Delaware 001-39753 8 ...

Enovix Corporation (ENVX) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.71%. A quarter ago, it was expected that this company would post a loss of $0.26 per share when it actually produced a loss of $0.28, delivering a surprise of -7.69%.Over the last four quarters, the company has surp ...

Fellow Shareholders, In the first quarter of 2024 we made tremendous progress toward readying Fab2 in Malaysia to begin production while closely collaborating with leading customers ahead of shipping first samples of our breakthrough EX-1M battery. Our recent highlights include: Exhibit 99.1 Enovix Announces First Quarter 2024 Financial Results FREMONT, Calif., May 1, 2024 -- Enovix Corporation ("Enovix") (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for first ...

FREMONT, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced it has reached a development agreement with one of the top five smartphone OEMs in the world by unit volume. "We are thrilled to announce we have advanced our engagement further with one of our top customers by reaching a formal development agreement, underscoring the value and competitive advantage our silicon batteries can provide to the next generation ...

FREMONT, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced it will release financial results for the first quarter of 2024 on Wednesday, May 1, 2024, after the close of the market. Enovix will hold a live video call at 2:00 PM PT / 5:00 PM ET on May 1, 2024, to discuss the company's business updates, key milestones, and financial results. To join the call, participants must use the following link to register: ht ...

FREMONT, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced it has completed Factory Acceptance Testing ("FAT") for its Gen2 Agility Line and is on track to produce first silicon battery samples from Fab2 in the second quarter of 2024. "I'm proud to announce the team has completed our rigorous FAT process for all machines that make up our Agility Line," said Ajay Marathe, Chief Operating Officer at Enovix. "SAT i ...

Enovix Corporation (ENVX) closed the most recent trading day at $7.73, moving +1.58% from the previous trading session. This move outpaced the S&P 500's daily loss of 1.23%. On the other hand, the Dow registered a loss of 1.36%, and the technology-centric Nasdaq decreased by 1.4%.Heading into today, shares of the company had lost 18.7% over the past month, lagging the Oils-Energy sector's gain of 9.61% and the S&P 500's gain of 1.61% in that time.The investment community will be closely monitoring the perfo ...