NASDAQ$ENVX

Enovix Corporation · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Headline financials

Total Revenue

$200K

Previous: $8K+2400.0%
EPS (adj)

-$0.19

Previous: -$0.15-26.7%
Capital Expenditures

-$33M

Previous: -$31.4M-5.1%
Free Cash Flow

-$49.2M

Previous: -$113M+56.6%
Net Income

-$16.2M

Previous: -$82M+80.3%
Operating Income

-$50.4M

Previous: -$33.7M-49.6%
Gross Profit

-$16.6M

Previous: -$6.62M-150.9%
Cash & Equivalents

$271M

Previous: $349M-22.4%
Total Assets

$520M

Previous: $468M+11.2%
R&D Expense

$13.5M

No prior period

Revenue & EPS history

Enovix · Revenue · Quarterly

$200K

Q3 2023+2,400%vs Q3 2022
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

+1.6%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+3.5%

Avg return

30 days after

52%

11 / 21 earnings

Positive

+51.3%

Q1 2024

Best reaction

-44.2%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.4%-14.9%-4.6%
Q4 2025-3.3%-17.6%-15.0%
Q3 2025+0.7%+4.5%-33.3%
Q1 2025-8.4%-9.1%+13.7%
Q4 2024+2.6%-15.6%-24.5%
Q3 2024-8.2%-20.8%-19.1%
Q2 2024-17.4%-19.2%-32.5%
Q1 2024+51.3%+56.2%+69.6%
Q4 2023-12.3%-22.0%-29.1%
Q3 2023+15.3%+2.5%+10.7%
Q2 2023-2.0%+13.1%-26.8%
Q1 2023-16.8%-13.7%-4.3%
Q4 2022+16.3%+7.7%+41.0%
Q3 2022-44.2%-43.1%-34.9%
Q2 2022+46.6%+72.3%+46.1%
Q1 2022+3.3%+3.1%+46.2%
Q3 2020+4.6%+6.0%-21.5%
Q3 2021+0.5%+14.3%+12.3%
Q4 2020-5.8%-4.1%+11.0%
Q2 2021-4.8%-3.8%+7.9%
Q1 2021+12.1%+23.8%+60.7%
Q2 2020
Q1 2020

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