Workflow
Amprius Technologies (AMPX) Reports Q4 Loss, Tops Revenue Estimates

Core Insights - Amprius Technologies reported a quarterly loss of $0.10 per share, which was better than the Zacks Consensus Estimate of a loss of $0.11, representing an earnings surprise of 9.09% [1] - The company achieved revenues of $10.63 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 1.25% and significantly up from $3.94 million a year ago [2] - Amprius shares have declined approximately 21.4% since the beginning of the year, contrasting with the S&P 500's decline of 3.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.11 on revenues of $7.55 million, and for the current fiscal year, it is -$0.40 on revenues of $65.89 million [7] - The estimate revisions trend for Amprius is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Technology Services industry, to which Amprius belongs, is currently ranked in the top 28% 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]