Innoviz Technologies Q4 EPS $(0.18) Vs $(0.25) YoY, Sales $14.92M Beat $11.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Innoviz Technologies reported a Q4 EPS of $(0.18), an improvement from $(0.25) YoY. Sales reached $14.92M, surpassing the $11.20M estimate.
February 28, 2024 | 12:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Innoviz Technologies reported a better-than-expected Q4 EPS of $(0.18) and sales of $14.92M, exceeding the $11.20M forecast.
The positive earnings report, showing both an improvement in EPS and a significant beat on sales estimates, is likely to be viewed favorably by investors. This could lead to increased investor confidence and a potential short-term uptick in INVZ's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100