CORRECTION: On Wednesday August 7, 2024 Innoviz Technologies Reported Q2 EPS $(0.13) Beats $(0.15) Estimate, Sales $6.66M Beat $4.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Innoviz Technologies (NASDAQ:INVZ) reported Q2 EPS of $(0.13), beating the $(0.15) estimate, and sales of $6.66M, surpassing the $4.60M estimate. This represents a significant improvement over the same period last year.
August 08, 2024 | 3:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Innoviz Technologies reported better-than-expected Q2 results with EPS of $(0.13) beating the $(0.15) estimate and sales of $6.66M surpassing the $4.60M estimate. This indicates strong performance and significant year-over-year growth.
The better-than-expected EPS and sales figures, along with significant year-over-year growth, are likely to positively impact the stock price of Innoviz Technologies in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100