Joby Stock Falls After Q2 Earnings Report: Here's Why

Joby Aviation, Inc. JOBY released its second-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter. The Details: Joby Aviation reported quarterly losses of 41 cents per share, which missed the analyst consensus estimate of a loss of 19 cents. Quarterly revenue came in at $15,000, which missed the Street estimate of $43,000.Read Next:  Palantir’s Alex Karp Tells Haters To ‘Read ‘Em And Weep’  Joby ended the quarter with $991 million of cash and short-term investmen ...