Innoviz Technologies .(INVZ)
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Innoviz Technologies .(INVZ) - 2024 Q2 - Earnings Call Transcript
2024-08-07 19:36
Innoviz Technologies Ltd (NASDAQ:INVZ) Q2 2024 Results Conference Call August 7, 2024 9:00 AM ET Company Participants Omer Keilaf - Chief Executive Officer Eldar Cegla - Chief Financial Officer Conference Call Participants Mark Delaney - Goldman Sachs Andres Sheppard - Cantor Fitzgerald Kevin Cassidy - Rosenblatt Securities Kevin Garrigan - WestPark Capital Operator Good morning. I would like to welcome you to our Q2 2024 Earnings Conference Call. Joining us today are Omer Keilaf, Chief Executive Officer; a ...
Innoviz Technologies Ltd. (INVZ) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 13:56
Innoviz Technologies Ltd. (INVZ) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -30%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.18, delivering a surprise of -63.64%. Over the last four quarters, the company h ...
Innoviz Reports Second Quarter 2024 Results
Prnewswire· 2024-08-07 11:45
Reached an important agreement with a major platform partner to supply a bundle of InnovizTwo short- and long-range LiDARs to their Level 4 autonomous platform, which was already selected by several OEM programs Q2 2024 revenues of $6.7 million exceed previous guidance range of $4-$5 million, up from $1.5 million in Q2 2023 TEL AVIV, Israel, Aug. 7, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive gra ...
Innoviz Technologies' LiDARs to Be Deployed Across Major International Airports in the United States by The Indoor Lab to Improve Passenger Safety and Operational Efficiency Using AI Capabilities
Prnewswire· 2024-08-06 13:00
As the lifeblood of global travel and with ever-growing populations and globalization, adding advanced 3D sensing tools onto airport management is essential to ensure a smooth and secure traveling experience. The Indoor Lab is pioneering the shift from cameras to LiDAR-based solutions, providing higher-quality and exceptionally accurate data for stakeholders. By utilizing InnovizTwo LiDARs for end-to-end airport operational and safety management using machine learning and AI capabilities, The Indoor Lab wil ...
Innoviz Announces Receipt of Nasdaq Non-Compliance Letter
Prnewswire· 2024-08-02 20:30
TEL AVIV, Israel, Aug. 2, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today that it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated July 30, 2024, indicating that the Company no longer satisfies Nasdaq Listing Rule 5450(a)(1) based upon a closing bid price of less ...
Innoviz Sets Second Quarter 2024 Conference Call for Wednesday, August 7 at 9:00 a.m. ET
Prnewswire· 2024-07-17 13:00
TEL AVIV, Israel, July 17, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the second quarter ended June 30, 2024, on Wednesday, August 7, 2024, before the market opens. Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss ...
3 Super-Cheap Penny Stocks for the Ultimate Speculator
Investor Place· 2024-07-09 19:56
In most circumstances, you should avoid extremely speculative ideas, especially those billed as cheap penny stocks. It's difficult to find hard statistics regarding the odds of success in this arena, in large part because of the diversity of enterprises and industries involved. However, to put it colloquially, the odds aren't good at all. We know this because if it the odds were favorable, everybody would bet on cheap penny stocks. But it's not that easy and most times, the underlying entities lose consider ...
Innoviz Technologies and Major OEM Collaborate on New Short-Range LiDAR for L4 Autonomous Vehicles
Prnewswire· 2024-06-26 12:00
"This is an exciting moment for Innoviz as we collaborate with a major global OEM on a new product," said Omer Keilaf, CEO and Co-Founder of Innoviz Technologies. "As the L4 market is starting to ramp-up, we are happy to be able to provide a complete set of solutions to meet the needs of OEMs worldwide and support the acceleration of AV adoption across all sectors." About Innoviz Photo - https://mma.prnewswire.com/media/2448527/New_Short_Range_LiDAR.jpg Logo - https://mma.prnewswire.com/media/2279073/Innovi ...
Innoviz Technologies Releases its First Impact Report
Prnewswire· 2024-06-25 12:00
For the full Impact Report and for more details, please see here. Media Contact [email protected] Photo - https://mma.prnewswire.com/media/2447375/Innoviz_Technologies.jpg Logo - https://mma.prnewswire.com/media/1496323/Innoviz_Technologies_Logo.jpg About Innoviz Investor Contact [email protected] SOURCE Innoviz Technologies "As a player in the automotive industry, our mission is not just to do less harm, but to do good, by creating a unique technology that is safe by design", said Omer Keilaf, CEO and Co-F ...
Innoviz Collaborating with Ecomotion Community to Host the Annual Assembly
prnewswire.com· 2024-05-28 12:00
With over 16,000 members and 750 startups, EcoMotion is a dynamic and growing global community in the smart mobility sector which creates a platform for startups to connect and collaborate with other community members including global industry, investors, and public sector, while highlighting the latest technology innovations in mobility. EcoMotion's mission is to advance the smart mobility sector through technology by supporting startups to scale and addressing the global mobility ecosystem challenges. Inn ...