Innoviz Provides Operational Update, Reiterates 2023 Financial Targets and Announces Q3 2023 Earnings Details
Portfolio Pulse from Benzinga Newsdesk
Innoviz Technologies Ltd. (NASDAQ: INVZ) has provided an operational update amidst the current conflict in Israel, stating that it has not experienced any immediate material operational or financial impact. The company reiterated its 2023 financial targets, including a ramp in revenue expected in the second half of the year. Innoviz also announced details for its Q3 2023 earnings call, which will take place on November 8, 2023.
October 24, 2023 | 1:05 pm
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POSITIVE IMPACT
Innoviz's operations and financials remain unaffected by the conflict in Israel. The company is confident in its 2023 financial targets, which could boost investor confidence.
Innoviz's announcement that it remains unaffected by the conflict in Israel and its reiteration of its 2023 financial targets could boost investor confidence in the company. This could potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100