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Operator: Thank you for standing by, and welcome to the Enovix Corporation’s First Quarter 2024 Earnings Conference Call. Currently, all participants are in a listen-only mode.
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Enovix said quarterly sales came in at $5.272 million, beating the analyst consensus estimate of $3.779 million by 39.53% and representing a large increase over sales of $21,000 from the same period last year. The company also announced a development agreement with one of the top five smartphone OEMs in the world by unit volume.