Innoviz Technologies Ltd. (INVZ) Reports Q3 Loss, Misses Revenue Estimates

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$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]