AMPX Earnings Prediction
The chart below shows how AMPX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AMPX sees a -7.70% change in stock price 10 days leading up to the earnings, and a -1.79% change 10 days following the report. On the earnings day itself, the stock moves by +7.39%. This data can give you a slight idea of what to expect for the next quarter's release.
AMPX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
7.86M
180.74%
134.83%
Gross Margin
-64.94%
-57.23%
-66.74%
Operating Margin
-143.26%
-56.10%
-62.94%
Net Margin
-138.13%
-54.49%
-63.09%
EPS
-0.10
-0.00%
-23.08%
No Data Available
AMPX Earnings Analysis
Amprius Technologies, Inc. Corporation (AMPX.N) Earnings Conference Call
Positive
Record Revenue Surge: 1. Significant Revenue Growth: Amprius Technologies reported $7.9 million in total revenue for Q3 2024, more than doubling from the previous quarter and nearly tripling year-over-year.
Customer Acquisition Success: 2. New Customer Engagement: The company engaged with 53 new customers in Q3, contributing to a total of over 175 customers year-to-date, showcasing strong market demand.
Major Contracts Secured: 3. Major Contracts Secured: Amprius signed contracts totaling over $20 million for high-performance battery cells, with shipments already underway, indicating robust customer confidence.
EV Cell Performance Milestone: 4. High Energy Density Achievements: The company successfully delivered EV cells achieving 360 Wh/kg energy density and 1,200 Wh/kg power density, surpassing initial goals set by the USABC.
Increased Production Capacity: 5. Expanded Manufacturing Capacity: Amprius now has access to up to 800 megawatt hours of pouch cell and over 1 gigawatt hour of cylindrical cell production annually, enhancing its ability to meet customer demand.
Negative
Gross Margin Decline: 1. Negative Gross Margin: The gross margin for Q3 was negative 65%, an improvement from negative 195% in Q2, but still significantly negative compared to the prior year period of negative 152%.
Net Loss Analysis: 2. Net Loss: The company reported a net loss of $10.9 million for Q3 2024, which translates to a net loss of $0.10 per share, worsening from a net loss of $0.13 per share in Q2 2024.
Operating Expenses Surge: 3. Operating Expenses Increase: Operating expenses rose to $6.2 million in Q3, marking a 26% increase year-over-year, despite a slight sequential decrease of 4% from Q2 2024.
Cash Burn Rate: 4. Cash Burn: Amprius used $9.5 million in operating cash flow during Q3, contributing to a total cash usage of $11.4 million for the quarter, indicating a significant cash burn rate.
Customer Concentration Risk: 5. Limited Revenue Diversification: Only 4 customers accounted for more than 10% of revenue in Q3, highlighting a lack of diversification in revenue sources compared to 3% in Q2 2024.
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AMPX Earning Call Sentiment
Amprius Technologies, Inc. (AMPX) Q3 2024 Earnings Call Transcript
1.0x
00:00
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AMPX.N
5.49%Positive
The earnings call shows a mixed picture: strong revenue growth and new partnerships are positive, but the company faces significant financial challenges with negative gross margins and a net loss. The lack of a clear shareholder return plan and customer concentration risk are concerns. The Q&A section highlights potential revenue growth but also uncertainties in achieving operational cash flow breakeven. Overall, the positives and negatives balance out, leading to a neutral sentiment. Without market cap data, a neutral prediction is appropriate given the mixed signals.