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Innoviz Technologies Q1 Adjusted Earnings Rise, Revenue Falls

05/12/2021 03:29

07:26 AM EDT, 05/12/2021 (MT Newswires) -- Innoviz Technologies (INVZ) reported Wednesday a Q1 net loss of $1.50 per diluted share, compared with a loss of $1.47 a year ago..

Revenue for the quarter was $728,000, down from $838,000 a year ago.

Analyst estimates were unavailable.

The company also raised its forward-looking Q1 book guidance to $2.4 billion from $2 billion.

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