Core Insights - Innoviz is enhancing its position as a key partner for OEMs in the autonomous vehicle industry, with a focus on Non-recurring Engineering (NRE) payments to support operations and production timelines for customers in 2026 [1] - The company emphasizes its technological capabilities and the trust customers place in Innoviz to meet the demands of the next generation of autonomous vehicles [1] - The expected NRE payments, along with customer programs entering production, are set to strengthen Innoviz's financial foundation and deliver significant value in the coming years [1] Company Overview - Innoviz is a global leader in LiDAR technology, serving as a Tier 1 supplier to major automotive manufacturers and aiming for safe autonomous vehicles on the roads [7] - The company's LiDAR and perception software surpass human driving capabilities, reducing error possibilities and meeting stringent automotive performance and safety standards [7] - Innoviz operates across the U.S., Europe, and Asia, and has been selected by premium car brands for consumer vehicles and by commercial leaders for various applications [7] Financial Performance - Innoviz plans to provide its full year 2024 financial performance and 2025 financial guidance during its fourth quarter 2024 earnings call [6]

Group 1 - The investing group Out Fox The Street, led by Mark, focuses on identifying potential multibaggers while managing portfolio risk through diversification [1] - The group offers features such as model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and community chat access [1] - There is an indication of a potential long position in INVZ within the next 72 hours, suggesting a strategic investment opportunity [1] Group 2 - The article emphasizes the importance of positioning in undervalued stocks that are mispriced by the market as a strategy for the end of 2024 [3]

Financial Data and Key Metrics Changes - Revenues for the quarter were $4.5 million, above the midpoint of the company's guidance [4] Business Line Data and Key Metrics Changes - The company announced a new partnership with a leading Level 4 platform partner and entered two new OEM programs, with expected start of production in 2026 [4] Market Data and Key Metrics Changes - No specific market data or key metrics changes were provided in the available content Company Strategy and Development Direction and Industry Competition - The company is focusing on expanding its partnerships and entering new OEM programs, indicating a strategic direction towards growth in the autonomous vehicle sector [4] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong performance for the quarter and highlighted the importance of new partnerships and OEM programs for future growth [4] Other Important Information - The company provided a reminder that the discussion includes forward-looking statements subject to risks and uncertainties [2] Q&A Session Summary - No specific questions and answers from the Q&A session were provided in the available content

分组1 - Innoviz Technologies Ltd. reported a quarterly loss of $0.15 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.14, but an improvement from a loss of $0.18 per share a year ago, resulting in an earnings surprise of -7.14% [1] - The company posted revenues of $4.52 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 10.16%, but showing an increase from $3.48 million in the same quarter last year [2] - Innoviz Technologies shares have declined approximately 77.2% since the beginning of the year, contrasting with the S&P 500's gain of 25.5% [3] 分组2 - The earnings outlook for Innoviz Technologies is mixed, with the current consensus EPS estimate for the coming quarter at -$0.14 on revenues of $9.48 million, and -$0.52 on revenues of $28.23 million for the current fiscal year [7] - The Automotive - Original Equipment industry, to which Innoviz belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Financial Performance - Innoviz reported revenues of $4.5 million in Q3 2024, exceeding the midpoint of the guidance range of $3.5 - $5 million[4, 19] - The company decreased cash used in operations and capital expenditures to $17.7 million in Q3 2024, compared to $28.6 million in Q3 2023 and $21.6 million in Q2 2024[4, 19] - Operating expenses decreased by 6.4% to $26 million in Q3 2024, from $27.8 million in Q3 2023[19] - R&D expenses decreased to $19.7 million in Q3 2024, from $20.7 million in Q3 2023[19] - Innoviz is reiterating FY24 revenue target of $23.5-25 million, compared to $20.9 million in FY23[18] Business Development & Technology - Innoviz entered into two new OEM programs through an agreement with a Level 4 platform provider, with expected SOP in 2026[4, 5, 20] - These programs involve supplying a bundle of nine InnovizTwo LiDARs per vehicle across multiple regions[5] - The company is progressing with Volkswagen Group programs, including Level 3 and Level 4 platforms[4, 6] - Innoviz is advancing pipeline opportunities, with approximately 50% in the RFQ stage[10, 21] - The company is developing new technology, including a new InnovizTwo configuration with over 12 million pixels/sec and an "All in One" LiDAR & IR Camera[4, 12]

Entered two new OEM programs through agreement with Level 4 platform partner with expected SOP in 2026; Met operational target of 2-3 additional customer programs in 2024 and exceeded midpoint of revenue guidance of Q3 with $4.5 million in revenueQ3 cash used in operations and capital expenditures of $17.7 million compared to $28.6 million in Q3 2023 and $21.6 million in Q2 2024TEL AVIV, Israel, Nov. 13, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Ti ...

TEL AVIV, Israel, Oct. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the third quarter ended September 30, 2024 on Wednesday, November 13, 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 it ...

Core Viewpoint - Innoviz Technologies Ltd. (INVZ) has experienced a significant downtrend, with a 15.7% decline over the past four weeks, but is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Stock Performance and Technical Indicators - The stock's Relative Strength Index (RSI) reading is at 26.06, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound [5]. - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify potential reversal points, making it a useful tool for investors seeking entry opportunities [3]. Group 2: Earnings Estimates and Analyst Consensus - Over the last 30 days, the consensus EPS estimate for INVZ has increased by 14.7%, indicating strong agreement among analysts regarding improved earnings for the current year [6]. - INVZ holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a near-term turnaround [7].

Exhibit 99.1 Innoviz Reports First-Quarter 2024 Results, Exceeds Revenue Guidance for Second Consecutive Quarter and Expands Key Partner and Customer Relationships Q1 2024 revenues of $7.1 million exceed previous guidance range of $5 -$6 million; reiterates full year 2024 operational targets TEL AVIV, Israel – May 8, 2024 – 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 ...

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 ...