Innoviz Reports Fourth Quarter and Full Year 2024 Results
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Innoviz Technologies Ltd. reported its Q4 and full-year 2024 results, highlighting partnerships with Mobileye and NVIDIA. The company is targeting 2025 revenues of $50-$60 million and is preparing for multiple program SOPs in 2026 and volume production of LiDARs in 2027.
February 26, 2025 | 12:15 pm
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Innoviz Technologies reported its 2024 financial results and announced strategic partnerships with Mobileye and NVIDIA. The company is targeting significant revenue growth in 2025 and is preparing for future production milestones.
The announcement of partnerships with major companies like Mobileye and NVIDIA is likely to positively impact Innoviz's stock price. The revenue target for 2025 and future production plans indicate growth potential, which is favorable for investors.
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