Joby Aviation, Inc. (NYSE: JOBY) stock plunged over 5% in pre-market trading on Friday, following the company's full-year 2024 earnings report that showed a wider net loss and missed analyst expectations.
The electric vertical takeoff and landing (eVTOL) company reported a net loss of $608 million for the full year 2024, a 19% increase from the previous year. The loss per share also deteriorated to $0.87, compared to $0.79 in 2023. Revenue and earnings per share both missed analyst estimates by 34% and 22%, respectively.
Joby Aviation's largest operating expense was Research & Development costs, amounting to $477.2 million or 78% of total expenses. The company aims to grow its revenue by 60% per annum on average during the next three years, outpacing the 7.6% growth forecast for the Airlines industry in the US.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。