Innoviz Shares Drop On Q1 Miss; Clocks 144% Revenue Growth
Innoviz Technologies Ltd (NASDAQ:INVZ) reported first-quarter FY22 revenue growth of 144% year-on-year to $1.77 million, missing the consensus of $2.17 million. EPS loss of $(0.23) missed the consensus loss of $(0.18). Innoviz held $275 million in cash and equivalents. "We made meaningful progress executing our strategy during the first quarter, which culminated in…
Benzinga ·
Benzinga
