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Enovix reports Q4 EPS (11c), consensus (18c)

Enovix reports Q4 EPS (11c), consensus (18c)

Reports Q4 revenue $9.72M, consensus $8.77M. The company said, “In the fourth quarter of 2024, we achieved key milestones in manufacturing, technology, and sales, setting the stage for a breakout year in 2025. We are focused on launching our first smartphone battery and converting our IoT pipeline into contracted backlog. Customers across multiple industries are acknowledging the readiness of our manufacturing capabilities, which are coming online at the perfect time to meet strong demand for our high energy-density solutions and diversified supply chain.”

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