Recap: Amprius Technologies Q3 Earnings
Portfolio Pulse from Benzinga Insights
Amprius Technologies (NYSE:AMPX) reported its Q3 earnings, beating estimated earnings by 16.67% with an EPS of $-0.1 versus an estimate of $-0.12. Revenue was up $1.98 million from the same period last year. Last quarter, the company missed on EPS which was followed by a 8.9% drop in the share price the next day.
November 09, 2023 | 9:35 pm
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Amprius Technologies exceeded Q3 earnings estimates, which could positively impact its stock. However, investors may remain cautious due to last quarter's EPS miss and subsequent share price drop.
Amprius Technologies' Q3 earnings beat could boost investor confidence and potentially drive the stock price up. However, the memory of last quarter's EPS miss and subsequent share price drop may make investors cautious, potentially offsetting any positive impact.
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IMPORTANCE 80
RELEVANCE 100