Innoviz Reports Third Quarter 2024 Results

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 ...