Innoviz Technologies Ltd reports results for the quarter ended June 30 - Earnings Summary
Innoviz Technologies Ltd reports results for the quarter ended June 30 - Earnings Summary
Innoviz Technologies Ltd INVZ.OQ reported a quarterly adjusted loss of 8 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of two analysts for the quarter was for a loss of 8 cents per share.
Revenue rose 85.5% to $18.08 million from a year ago; analysts expected $15.50 million.
Innoviz Technologies Ltd's reported EPS for the quarter was a loss of 8 cents.
The company reported a quarterly loss of $18.53 million.
Innoviz Technologies Ltd shares had fallen by 45.2% this quarter and lost 51.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.7% 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 1 "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 $2.03, about 79.4% above its last closing price of $0.42
This summary was machine generated from LSEG data August 5 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.08 | -0.08 | Met |
Mar. 31 2026 | -0.08 | -0.12 | Missed |
Dec. 31 2025 | -0.07 | -0.10 | Missed |
Sep. 30 2025 | -0.08 | -0.08 | Met |
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