Recap: Amprius Technologies Q4 Earnings
Portfolio Pulse from Benzinga Insights
Amprius Technologies (NYSE:AMPX) reported its Q4 earnings on March 21, 2024, with an EPS of $-0.11, matching estimates. Revenue increased by $3.15 million year-over-year. Despite meeting EPS estimates this quarter, the company had previously beaten EPS estimates in Q3 2023, which led to an 18.0% share price increase the following day.

March 21, 2024 | 8:15 pm
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Amprius Technologies reported Q4 earnings with an EPS of $-0.11, meeting estimates, and a significant year-over-year revenue increase.
Amprius Technologies' Q4 earnings report showed the company met its EPS estimates and reported a notable increase in revenue compared to the previous year. Historically, the company's stock price increased by 18.0% the day after beating EPS estimates in Q3 2023. However, this quarter's performance, while solid, merely met expectations, which might not trigger a significant stock price movement. The revenue growth is positive, but the exact impact on the stock price in the short term is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100