Investors and market participants can look forward to the unveiling of Enovix Corporation (NASDAQ: ENVX) third quarter financial results on Tuesday 29th October 2024. This important update will be made available after market close.
Wall Street financial analysts are foreseeing that the concern is likely to announce an estimated per share $0.20 loss for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $4.11 million during the quarter.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $20.54 million. Furthermore, they are predicting loss of $0.85 per share for the full year.
The company's earnings report for the same quarter in the previous year revealed a per-share loss of $0.19, attributed to the company's total revenue of $0.2 million.
The business has scheduled a conference call on 29th October 2024 at 05:00 PM eastern time to discuss Q3 financial results.
Enovix Corporation (ENVX) shares experienced a range of $10.38 to $10.93 on a day volume of 3.50 million shares. The stock closed Friday's regular trading session at $10.41, marking a 4.32 percent downfall.