Amprius Technologies Surges 8% After Q4 Earnings Beat
Amprius Technologies (AMPX) rallied 8% to $12.56 after reporting a narrower-than-expected Q4 loss of -$0.01 per share, beating consensus estimates by $0.04. Revenue of $25.23M surpassed forecasts ranging from $22.91M to $24.5M, though net losses widened to $24.4M from $11M year-over-year.
Insiders sold 2.39M shares (~$26.4M) in the past three months, while Wall Street maintains a 'Moderate Buy' rating with a $16.63 average price target. Trading volume hit 9.53M shares, exceeding its 8.12M average.