In This Article:
Amprius Technologies (NYSE:AMPX) Third Quarter 2024 Results
Key Financial Results
-
Revenue: US$7.86m (up 181% from 3Q 2023).
-
Net loss: US$10.9m (loss widened by 28% from 3Q 2023).
-
US$0.098 loss per share (in line with 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Amprius Technologies Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 45%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electrical industry in the US.
Performance of the American Electrical industry.
The company's shares are up 31% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 5 warning signs for Amprius Technologies (2 are significant) you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.