Innoviz Technologies (NASDAQ:INVZ) Full Year 2024 Results

Key Financial Results

• Revenue: US$24.3m (up 16% from FY 2023).
• Net loss: US$94.8m (loss narrowed by 23% from FY 2023).
• US$0.57 loss per share (improved from US$0.84 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Innoviz Technologies Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 70% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's shares are down 21% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Innoviz Technologies (of which 2 are potentially serious!) you should know about.

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