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Enovix Corporation (ENVX) Reports Q1 Loss, Tops Revenue Estimates
ENVXEnovix (ENVX) Zacks Investment Research·2024-05-01 22:36

Enovix Corporation (ENVX) came out with a quarterly loss of 0.31pershareversustheZacksConsensusEstimateofalossof0.31 per share versus the Zacks Consensus Estimate of a loss of 0.28. This compares to loss of 0.20pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof10.710.20 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 ...