India, July 7 -- Enovix (ENVX) posted a preliminary second quarter GAAP net loss attributable to Enovix of $43.3 million compared to a loss of $115.9 million, prior year. GAAP net loss per share was $0.22 compared to a loss of $0.67. Non-GAAP net loss attributable to shareholders was $28.4 million compared to a loss of $24.9 million. Non-GAAP net loss per share was $0.15 compared to a loss of $0.14. Analysts on average expected the company to report a loss per share of $0.17, for the quarter. Analysts' estimates typically exclude special items. Adjusted EBITDA loss narrowed to $21.4 million, from a loss of $26.4 million, a year ago.
Revenue was $7.5 million in the second quarter of 2025, nearly doubled from the second quarter of 2024, driv...