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Amprius Technologies Inc (AMPX)
NYSE:AMPX
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.09Last Year’s EPS
-0.11Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 20, 2025
|% Change Since: 10.82%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights Amprius Technologies' strong revenue growth, customer expansion, and global market penetration. However, the company still faces financial challenges with negative gross margins and a significant net loss. The strategic partnerships and contract manufacturing success indicate a promising future, but the financial metrics show room for improvement.Company Guidance
During the Amprius Technologies Fourth Quarter and Full Year 2024 Earnings Conference Call, CEO Dr. Kang Sun and CFO Sandra Wallach discussed the company's record performance and provided future guidance. Amprius reported $10.6 million in fourth-quarter revenue, marking a 35% increase from Q3 2024 and a significant 170% increase from Q4 2023. The company ended 2024 with $24.2 million in revenue, a 167% increase from 2023, driven by strong customer engagement and a diverse product portfolio that includes a high energy density and high-power density silicon anode battery. Amprius engaged with 235 customers in 2024, with 53 new customers in Q4 alone, and has added $16 million in new customer purchase orders to its backlog. The company's gross margin improved to negative 21% in Q4 2024 from negative 65% in Q3 2024. Amprius has expanded its manufacturing capacity to 1.8 gigawatt hours and is actively developing a global contract manufacturing network, including partnerships in Korea and Europe, to support future growth. Looking ahead, Amprius aims to continue its momentum, expand its customer base, and enhance its manufacturing capabilities in 2025.Record Sales Revenue
Amprius achieved record sales revenue of $10.6 million in Q4 2024, a 35% increase from Q3 2024 and a 170% increase from Q4 2023. Full-year revenue reached $24.2 million, marking a 167% increase from 2023.
Customer Expansion
Amprius shipped to 98 total customers in Q4 2024, with 53 new customers. Total customer engagements reached 235 for the year, reflecting a strong growth path and product competitiveness.
Global Market Penetration
77% of Q4 2024 revenue came from outside the United States, compared to just 22% in the same period of last year, indicating a significant expansion of the customer base worldwide.
Fortune 500 Agreements
Amprius signed agreements with two Fortune 500 companies, including a nonbinding letter of intent with a Fortune Global 500 technology OEM to develop a high-energy battery cell, and a development contract for a small format, custom, high-energy density SiMaxx pouch cell.
Contract Manufacturing Success
Amprius secured over 1.8 gigawatt-hour cell manufacturing capacity through contract manufacturing, without spending on infrastructure, enabling flexibility and scalability.
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AMPX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AMPX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 20, 2025 | $2.31 | $3.11 | +34.63% |
| Nov 07, 2024 | $1.30 | $1.73 | +33.08% |
| Aug 08, 2024 | $1.21 | $1.09 | -9.92% |
| May 09, 2024 | $2.22 | $1.97 | -11.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Amprius Technologies Inc (AMPX) report earnings?
Amprius Technologies Inc (AMPX) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Amprius Technologies Inc (AMPX) earnings time?
Amprius Technologies Inc (AMPX) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMPX EPS forecast?
AMPX EPS forecast for the fiscal quarter 2025 (Q1) is -0.09.
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