Energy Vault Holdings: Q4 Earnings Insights - Energy Vault Holdings (NYSE:NRGV)

Energy Vault Holdings NRGV reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Energy Vault Holdings missed estimated earnings by -36.0%, reporting an EPS of $-0.15 versus an estimate of $-0.11.

Revenue was up $17.91 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 28.000000000000004% increase in the share price the next day.

Here's a look at Energy Vault Holdings's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.15	-0.20	-0.23	-0.15
EPS Actual	-0.13	-0.18	-0.22	-0.17
Revenue Estimate	118.56M	55.30M	21.43M	72.47M
Revenue Actual	172.21M	39.68M	11.42M	100.32M

To track all earnings releases for Energy Vault Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.