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Innoviz Technologies Q2 2024 Earnings Report

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$0.50 -0.07 (-12.28%)
As of 10:49 AM Eastern
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Innoviz Technologies EPS Results

Actual EPS
-$0.13
Consensus EPS
-$0.12
Beat/Miss
Missed by -$0.01
One Year Ago EPS
-$0.23

Innoviz Technologies Revenue Results

Actual Revenue
$6.66 million
Expected Revenue
$4.77 million
Beat/Miss
Beat by +$1.89 million
YoY Revenue Growth
N/A

Innoviz Technologies Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

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Innoviz Technologies Earnings Headlines

Innoviz receives Nasdaq non-compliance letter
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Innoviz Technologies sees FY25 revenue $50M-$60M, consensus $76.74M
Innoviz Technologies reports Q4 EPS (11c), consensus (13c)
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About Innoviz Technologies

Innoviz Technologies (NASDAQ:INVZ) manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. It also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as an option to integrate the perception application in the LiDAR sensor; and perception application, a software application that raw point cloud data from Innoviz LiDAR products into perception outputs. The company operates in Europe, Asia Pacific, the Middle East, Africa, and North America. It markets and sells its products through a direct sales organization, as well as through distribution channels. The company is headquartered in Rosh Haayin, Israel.

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