Innoviz Technologies Ltd. (INVZ) Reports Q3 Loss, Misses Revenue Estimates
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Innoviz Technologies Ltd. (INVZ) reported a Q3 loss of $0.15 per share, missing the Zacks Consensus Estimate of a $0.14 loss. The company also missed revenue estimates.
November 13, 2024 | 2:30 pm
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Innoviz Technologies reported a Q3 loss of $0.15 per share, missing the Zacks Consensus Estimate of a $0.14 loss. The company also missed revenue estimates.
The reported loss per share was greater than expected, and the company also missed revenue estimates. This is likely to negatively impact the stock price in the short term as it indicates weaker financial performance than anticipated.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100