• Innoviz Technologies Ltd INVZ.OQ reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -18 cents. The mean expectation of five analysts for the quarter was for a loss of 14 cents per share. Wall Street expected results to range from -17 cents to -11 cents per share.

• Revenue fell 59.6% to $6.03 million from a year ago; analysts expected $5.86 million.

• Innoviz Technologies Ltd's reported EPS for the quarter was a loss of 11 cents​.

• The company reported a quarterly loss of $18.6 million.

• Innoviz Technologies Ltd shares had fallen by 51.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Innoviz Technologies Ltd is $2.22

This summary was machine generated from LSEG data February 26 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)