Enovix, headquartered in Fremont, California, designs and develops high-energy-density silicon-anode lithium-ion batteries, employing 560 people since its IPO on December 4, 2020. The company operates two factories in Korea and focuses on advanced manufacturing processes.
Enovix (ENVX) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Enovix's actual EPS was -$0.14, beating the estimate of -$0.16 per share, resulting in a 12.39% surprise.
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