Joby Aviation, Inc. (JOBY) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.18, delivering no surprise.Over the last four quarters, the company has surpassed consen ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 JOBY New York Stock Exchange Warrants to purchase common stock JOBY WS New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _____________________________________________ FORM 10-Q _____________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarte ...

Shareholder Letter Q3 2024 JOBYAVIATION.COM IOVEMBER 6, 2024 JOBY AVIATION 7Joby Q3 2024 Highlights AT A GLANCE STRONG FINANCIAL FOUNDATION | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------- ...

Could this unloved electric aviation stock finally take off? Joby Aviation (JOBY -0.40%), a developer of electric vertical take off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) on Aug. 10, 2021. The combined company's stock started trading at $10.62, ended its first day at $13.40, but now trades at about $5. Like many other SPAC-backed start-ups, Joby disappointed its early investors by missing its own pre-merger estimates by a mile. It also faced co ...

Joby Aviation (JOBY) is scheduled to release third-quarter 2024 results on Nov. 6 after market close. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The transportation company has an encouraging surprise record. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and met once. The average beat is 9.1%. The Zacks Consensus Estimate for JOBY's soon-to-be-reported quarter earnings has widened to a loss of 20 cents per share from a loss of 19 cents per ...

Joby's business is about to take off. The auto ridesharing market has become one of the most important tech advancements of the last 15 years, enabling new jobs and an entirely new way to get around cities around the world. The same kind of disruption may be coming for the aviation market, led by Joby Aviation (JOBY -14.57%) and its electric aircraft. It's not a business without risks, given the nascent state of the industry, but Joby has the technology to be a major player in the market. Getting off the gr ...

The company is selling additional shares to raise capital.Joby Aviation (JOBY -12.33%) is selling additional shares to add to its cash coffers, meaning each existing share is worth a little less today than it was yesterday.Investors had a negative reaction to the news, sending Joby shares down 14% as of 10:15 a.m. ET.Raising additional cashJoby is one of a handful of companies attempting to commercialize small electric aircraft capable of vertical takeoffs and landings, or eVTOLs. Proponents envision these ...

Joby Aviation Inc (NYSE:JOBY) stock is 13.3% lower to trade at $5.24 after the electric air taxi company priced an underwritten public offering of 40 million shares at $5.05 per share. JOBY is pacing for its worst single-session percentage drop since July 2023, and is now down 22% in 2024, though there's support from the $5.10 level in place. Drilling down today's options activity, calls and puts are popular following the offering. So far, 8,810 calls and 6,097 puts have traded hands, which is three times t ...

Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common stock, per a regulatory filing.Joby said it will use the proceeds from the raise — together with its existing cash — to fund its certification and manufacturing efforts, prepare for commercial launch in 2025, and for general working capital.  The eVTOL firm added that it intends to grant the underwriters a 30-day option to purchase an additional $30 million s ...

U.S. federal authorities provided quite a significant lift for the company with a set of new standards and regulations.The U.S. federal government provided quite a strong tailwind for Joby Aviation (JOBY 12.57%) on Tuesday, and thanks to that, the company's shares gained quite a bit of altitude that day. They climbed nearly 13% higher in price on the news, and in doing so, they trounced the essentially flat-lining S&P 500 index.A monster lift from the FAAThat day, the Federal Aviation Administration (FAA) i ...