Innoviz Raised 2023 Revenue Outlook To $15M-$20M From $12M-$15M Vs. $13.47M Est.
Portfolio Pulse from Benzinga Newsdesk
Innoviz Technologies has raised its revenue outlook for 2023 to $15M-$20M, up from the previous estimate of $12M-$15M. This is higher than the estimated $13.47M.
August 04, 2023 | 10:57 am
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POSITIVE IMPACT
Innoviz's raised revenue outlook for 2023 could potentially lead to a positive impact on its stock price.
Innoviz has raised its revenue outlook for 2023, which is a positive signal for investors. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100