Innoviz Technologies: Q1 Earnings Insights

Innoviz Technologies INVZ reported its Q1 earnings results on Wednesday, May 17, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Innoviz Technologies missed estimated earnings by 18.18%, reporting an EPS of $-0.26 versus an estimate of $-0.22.

Revenue was down $764 thousand from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 1.86% drop in the share price the next day.

Here's a look at Innoviz Technologies's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.24	-0.25	-0.25	-0.18
EPS Actual	-0.25	-0.25	-0.21	-0.23
Revenue Estimate	2.33M	2.22M	1.93M	2.17M
Revenue Actual	1.58M	878K	1.80M	1.77M

To track all earnings releases for Innoviz Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar