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 ...

Core Insights - Innoviz Technologies Ltd. will release its earnings results for Q3 2024 on November 13, 2024, before market opening [1] - A conference call and webinar will be held on the same day at 9:00 a.m. Eastern Time to discuss operational and financial results [1] Company Overview - Innoviz is a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software [2] - The company aims to contribute to the development of safe autonomous vehicles, with its technology surpassing human driving capabilities [2] - Innoviz operates globally, serving major automotive manufacturers and various commercial and industrial sectors [2]

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 ...

分组1 - Innoviz Technologies Ltd. reported a quarterly loss of $0.13 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.10, and an improvement from a loss of $0.23 per share a year ago, indicating a surprise of -30% [1] - The company achieved revenues of $6.66 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 39.71%, and showing significant growth from $1.47 million in the same quarter last year [2] - Innoviz Technologies has consistently surpassed consensus revenue estimates over the last four quarters, but has not been able to exceed consensus EPS estimates during the same period [2] 分组2 - The stock has underperformed significantly, losing about 70.9% since the beginning of the year, while the S&P 500 has gained 9.9% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.18 on revenues of $9.05 million, and for the current fiscal year, it is -$0.60 on revenues of $30.41 million [7] - The Automotive - Original Equipment industry, to which Innoviz belongs, is currently ranked in the bottom 14% of over 250 Zacks industries, indicating potential challenges ahead [8]

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 ...

Core Insights - The integration of advanced 3D sensing tools, particularly LiDAR technology, is essential for enhancing airport management and ensuring a secure travel experience as global travel continues to grow [1][4] - The Indoor Lab is leading the transition from traditional camera systems to LiDAR-based solutions, which provide superior data quality and accuracy for airport operations and safety management [1][2] - InnovizTwo LiDAR sensors are highlighted for their high point cloud density and frame rates, which significantly enhance the capabilities of the Artemis perception platform used by The Indoor Lab [2][3] Company Overview - The Indoor Lab is a U.S.-based private company specializing in lidar-based enterprise perception platforms, with over 15 years of experience in passive analytics and 10 years in lidar technology [3] - Innoviz Technologies is a global leader in LiDAR technology, serving major automotive manufacturers and focusing on the development of safe autonomous vehicles [4] Technological Advancements - The partnership between The Indoor Lab and Innoviz aims to leverage AI and machine learning capabilities to improve safety and operational efficiency at airports [1][3] - The use of LiDAR technology allows for better interpretation of environments compared to traditional camera systems, enhancing safety across various airport areas [1][2]

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 ...

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 ...