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Innoviz Technologies Ltd reports results for the quarter ended June 30 - Earnings Summary

Innoviz Technologies Ltd INVZ.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -13 cents.  The mean expectation of four analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -10 cents to -8 cents per share.

Revenue rose 46.3% to $9.75 million from a year ago; analysts expected $9.00 million.

Innoviz Technologies Ltd's reported EPS for the quarter was a loss of 9 cents​.

The company reported a quarterly loss of $18.48 million.

Innoviz Technologies Ltd shares had risen by 11.0% this quarter and gained 8.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.7% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Innoviz Technologies Ltd is $2.53, about 28.1% above its last closing price of $1.82

This summary was machine generated from LSEG data August 13 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.09-0.09Met
Mar. 31 2025-0.09-0.07Beat
Dec. 31 2024-0.14-0.11Beat
Sep. 30 2024-0.14-0.15Missed

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