Enovix will announce Q4 and full year 2024 financial results on February 19, 2025, with a subsequent live video call.
Quiver AI Summary
Enovix Corporation, a high-performance battery company based in Fremont, California, announced that it will release its financial results for the fourth quarter and full year of 2024 on February 19, 2025, after the market closes. Following the release, Enovix will host a live video call at 2:00 PM PT to discuss its business updates, key milestones, and financial performance. Interested participants can register for the call through a provided link, where they can also submit questions for Enovix management to address. An archived version of the call will be accessible on the company's investor website for one year. Enovix is committed to innovating battery technology to enhance the performance of various tech products, partnering with OEMs globally.
Potential Positives
- Enovix is set to release its financial results for Q4 and full year 2024, signaling transparency and commitment to keeping investors informed.
- The scheduled live video call indicates a proactive approach to engaging with stakeholders, allowing them to interact directly with company management.
- Enovix's focus on high-performance batteries positions the company in a growing market that demands innovative battery solutions across various technology sectors.
Potential Negatives
- The announcement may raise concerns among investors if the financial results for Q4 and the full year 2024 reveal poor performance or missed expectations, particularly given the timing of the release after market close.
- The lack of specific details on key milestones in the press release could suggest uncertainty about the company's future prospects or recent achievements.
- The need for registration to participate in the call may limit investor participation, potentially leading to lower transparency and engagement with stakeholders compared to open calls.
FAQ
When will Enovix release its financial results for 2024?
Enovix will release its financial results on February 19, 2025, after the market closes.
How can I join the Enovix earnings call?
To join the earnings call, register at https://enovix-q4-2024.open-exchange.net/.
What time is the Enovix earnings call on February 19, 2025?
The earnings call will take place at 2:00 PM PT / 5:00 PM ET.
Will there be a replay of the earnings call?
Yes, an archived version of the call will be available on the Enovix investor website for one year.
How can investors submit questions for the call?
Investors can submit questions on the registration page prior to the call.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ENVX Insider Trading Activity
$ENVX insiders have traded $ENVX stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ENVX stock by insiders over the last 6 months:
- BETSY S ATKINS sold 75,000 shares for an estimated $729,750
- ARTHI CHAKRAVARTHY (Chief Legal Officer) sold 35,000 shares for an estimated $455,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ENVX Hedge Fund Activity
We have seen 154 institutional investors add shares of $ENVX stock to their portfolio, and 123 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ELECTRON CAPITAL PARTNERS, LLC added 5,624,349 shares (+106602.5%) to their portfolio in Q3 2024, for an estimated $52,531,419
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 2,153,348 shares (+408.4%) to their portfolio in Q3 2024, for an estimated $20,112,270
- JANE STREET GROUP, LLC removed 1,550,627 shares (-87.1%) from their portfolio in Q3 2024, for an estimated $14,482,856
- CITADEL ADVISORS LLC removed 1,323,415 shares (-67.2%) from their portfolio in Q3 2024, for an estimated $12,360,696
- HANDELSBANKEN FONDER AB removed 1,083,847 shares (-41.3%) from their portfolio in Q3 2024, for an estimated $10,123,130
- MORGAN STANLEY added 967,700 shares (+37.0%) to their portfolio in Q3 2024, for an estimated $9,038,318
- JPMORGAN CHASE & CO removed 910,283 shares (-87.4%) from their portfolio in Q3 2024, for an estimated $8,502,043
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
FREMONT, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will release financial results for the fourth quarter and full year 2024 on Wednesday, February 19, 2025, after the close of the market.
Enovix will hold a live video call at 2:00 PM PT / 5:00 PM ET on February 19, 2025, to discuss the company’s business updates, key milestones, and financial results. To join the call, participants must use the following link to register: https://enovix-q4-2024.open-exchange.net/ . This link will also be available via the Investor Relations section of Enovix’s website at https://ir.enovix.com . Investors may also submit questions on the registration page that they would like addressed on the call by Enovix management.
An archived version of the call will be available on the Enovix investor website for one year at https://ir.enovix.com .
About Enovix
Enovix is on a mission to deliver high-performance batteries that unlock the full potential of technology products. Everything from IoT, mobile, and computing devices, to the vehicle you drive, needs a better battery. Enovix partners with OEMs worldwide to usher in a new era of user experiences. Our innovative, materials-agnostic approach to building a higher performing battery without compromising safety keeps us flexible and on the cutting-edge of battery technology innovation.
Enovix is headquartered in Silicon Valley with facilities in India, Korea and Malaysia. For more information visit www.enovix.com and follow us on LinkedIn .
For media and investor inquiries, please contact:
Enovix Corporation
Robert Lahey
Email: [email protected]