Enovix Corporation (ENVX) Reports Q3 Loss, Tops Revenue Estimates

Enovix Corporation (ENVX) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15%. A quarter ago, it was expected that this company would post a loss of $0.22 per share when it actually produced a loss of $0.14, delivering a surprise of 36.36%. Over the last four quarters, the company has surpas ...