Joby Aviation Sees FY24 Cash, Cash Equivalents And Short-Term Investments $440M-$470M
Portfolio Pulse from Benzinga Newsdesk
Joby Aviation projects its cash, cash equivalents, and short-term investments to be between $440M and $470M for FY24.
February 21, 2024 | 9:15 pm
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POSITIVE IMPACT
Joby Aviation anticipates its cash, cash equivalents, and short-term investments to total between $440M and $470M by the end of FY24.
The projection of Joby Aviation's cash, cash equivalents, and short-term investments indicates a positive outlook on the company's financial health and liquidity for FY24. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100