Innoviz Technologies Reiterates For FY24 It Secures 2-3 Additional Customer Programs; Secures $20M-$70M Of New NRE Bookings
Portfolio Pulse from Benzinga Newsdesk
Innoviz Technologies has reiterated its forecast for FY24, stating that it has secured 2-3 additional customer programs and $20M-$70M in new NRE bookings.
August 07, 2024 | 11:48 am
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Innoviz Technologies has secured 2-3 additional customer programs and $20M-$70M in new NRE bookings for FY24, indicating a positive revenue outlook.
The announcement of securing additional customer programs and significant new NRE bookings suggests a strong revenue outlook for Innoviz Technologies. This is likely to positively impact the stock price in the short term.
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