Enovix Corp is a technology company that specializes in the development and manufacturing of advanced lithium-ion battery solutions. The company focuses on creating high-performance batteries that offer increased energy density and improved safety compared to traditional lithium-ion batteries. Enovix aims to revolutionize various industries, including consumer electronics and electric vehicles, by providing innovative energy storage solutions that meet the growing demand for longer-lasting, efficient, and reliable power sources. Through its proprietary technologies and manufacturing processes, Enovix strives to push the boundaries of battery performance and sustainability. Read More
FREMONT, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced that its Board of Directors has authorized a share repurchase program under which the company may repurchase up to $60 million of its outstanding common stock.
FREMONT, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for the first quarter 2025, which included the summary below from its President and CEO, Dr. Raj Talluri.
FREMONT, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX), a global high-performance battery company, announced the appointment of Ryan Benton as Chief Financial Officer (CFO). Mr. Benton brings over three decades of financial leadership experience. He previously held key roles at ASM International and served as CFO for multiple public companies including Silvaco and Exar Corporation.
FREMONT, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced the completion of its second milestone, triggering a payment for sample battery cells shipped under a development agreement executed in October 2024 with a leading smartphone OEM. The samples were customized to specific requirements of the OEM, including cycle life, fast charge and energy density levels which Enovix believes are superior to any product available on the market today.
Enovix reported fourth-quarter revenue of $9.72 million, beating analyst estimates of $8.77 million, according to Benzinga Pro. The company reported a fourth-quarter adjusted loss of 11 cents per share, beating estimates for a loss of 18 cents per share.
FREMONT, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for the fourth quarter and full year 2024, which included the summary below from its President and CEO, Dr. Raj Talluri.
J.P. Morgan analyst Bill Peterson maintains an Overweight rating on Enovix with a $15 price target. Peterson expects the company's Q4 results to meet expectations, with positive updates on customer discussions, order pipeline, and product development.
Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Enovix Corporation (Nasdaq: ENVX) concerning the Company and its directors’ and officers’ possible violations of state laws.
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.
