ENVX News and Press, Enovix Corporation From 05/06/24

2024-05-06 11:49:26 ET Summary Enovix secured its first development agreement with a top 5 smartphone OEM and plans to sample its batteries with 6 of the world’s top 8 smartphone OEMs this quarter. They shared its targeted unit economics per line for the first time, showcas...

2024-05-05 03:15:00 ET Summary Massif Capital employs a long/short equity strategy focused on global opportunities in listed real assets, principally mining, energy, and infrastructure. Through the end of the first quarter of 2024, the Massif Capital Real Assets Strategy was up 0....

2024-05-03 19:45:10 ET More on crude oil An Alarming Trend Is Developing In US Shale Oil Production Geopolitical Conflict Threatens Yet Another Shipping Choke Point Middle East Escalation Boosts Oil Supply Risks Read the full article on Seeking Alpha ...

2024-05-03 09:41:53 ET Summary Enovix's cash and short-term investments position decreased by $44.4 million in the first quarter of 2024, reaching $262.4 million. The company realized a free cash burn rate of $50 million during the quarter as revenue remains elusive in 2024. A...

2024-05-03 05:09:58 ET Summary Enovix, a silicon anode battery manufacturer, reported its Q1 2024 earnings with breakthroughs including its first positive non-GAAP gross margin and highest quarterly revenue to date. The company has been developing silicon anode technology, which o...

2024-05-02 21:00:14 ET Summary Enovix Corporation's heavily shorted shares rallied by 45% after the company disclosed a battery development agreement with a leading smartphone OEM. Management also reiterated plans for initial sample production and subsequent volume manufacturing a...

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2024-05-01 21:15:26 ET Enovix Corporation (ENVX) Q1 2024 Earnings Conference Call May 01, 2024 05:00 PM ET Company Participants Charles Anderson - Senior Vice President of Investor Relations and Corporate Strategy Raj Talluri - President and Chief Executive Officer ...

2024-05-01 18:26:35 ET More on Enovix Enovix Q1 2024 Results - Earnings Call Presentation Enovix: Zombie Firm On Declining Liquidity And Heavy Cash Burn Enovix Q4: A Solid Entry Point (Technical Analysis) Read the full article on Seeking Alpha For fur...