NYSE$AMPX
Amprius Technologies Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Amprius reported record-breaking third quarter with revenue more than doubled from the second quarter and engaged with 53 new customers.
Amprius Technologies reported a record-breaking third quarter with significant revenue growth driven by SiCore product and expansion in both aviation and light electric vehicle industries. The company more than doubled its revenue from the previous quarter and engaged with 53 new customers. They also expanded their market participation to the light electric vehicle segment and signed engagements with Fortune 500 industrial leaders.
- More than doubled revenue from the second quarter and engaged with 53 new customers.
- Expanded market participation to the light electric vehicle segment.
- Signed two engagements with Fortune 500 industrial leaders.
- Delivered high energy density 360 Wh/kg EV battery cells to industry consortium USABC and contracted for GWh scale contract manufacturing capacities.
Headline financials
Revenue & EPS history
Amprius · Revenue · Quarterly
$7.86M
Forward guidance
Amprius expects to spend another $1.0 million in Q4 2024 on supporting equipment to complete the 2 MWh line in Fremont in addition to normal operating capital requirements.
Tailwinds
- Technical leadership
- Great battery performance
- Growing book of customers
- Capacity to now support large volume shipments
- Set up for sustainable growth for the foreseeable future
Headwinds
- Timing and availability of funding
- Monitoring the overall sector for changes in demand
- Monitoring supply
- Monitoring battery cost structure
- Monitoring government incentives and trade tariffs
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q3 2024
+6.2%
Avg return
Earnings day
+9.5%
Avg return
5 days after
-0.7%
Avg return
30 days after
53%
8 / 15 earnings
Positive
+37.3%
Q3 2024
Best reaction
-27.4%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -27.4% | -15.2% | -11.6% | |
| Q4 2025 | +18.6% | +43.4% | +27.5% | |
| Q3 2025 | +12.4% | +9.9% | +8.2% | |
| Q1 2025 | -1.2% | +13.7% | +16.5% | |
| Q4 2024 | +34.6% | +32.5% | -7.4% | |
| Q3 2024 | +37.3% | +99.2% | +62.7% | |
| Q2 2024 | +2.8% | +0.0% | -32.7% | |
| Q1 2024 | -8.8% | -39.8% | -37.0% | |
| Q4 2023 | -5.2% | -12.0% | -39.5% | |
| Q3 2023 | +4.2% | +5.5% | +32.1% | |
| Q2 2023 | -10.4% | -11.7% | -48.4% | |
| Q1 2023 | -1.7% | -2.6% | +6.7% | |
| Q4 2022 | +36.4% | +25.8% | +72.7% | |
| Q3 2021 | -8.5% | -6.2% | -34.2% | |
| Q3 2022 | +9.3% | +0.0% | -26.2% | |
| Q2 2022 | — | — | — | |
| Q1 2022 | — | — | — | |
| Q4 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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