Innoviz Technologies .(INVZ)
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Innoviz Technologies .(INVZ) - 2024 Q2 - Earnings Call Transcript
2024-08-08 03:36
财务数据和关键指标变化 - 公司Q2 2024年营收为6.7百万美元,超出了4-5百万美元的指导区间 [6][23] - 公司现金消耗(经营活动和资本支出)为21.6百万美元,较上一季度和去年同期有所下降,体现了公司运营效率的提高 [25] - 公司毛利率仍然存在波动,随着InnovizTwo平台的成熟和产品量的变化而变化 [26] 各条业务线数据和关键指标变化 - 公司推出了短程和长程LiDAR的组合产品,可以为客户提供一站式解决方案 [11][12] - 短程LiDAR的推出为公司带来了更多的RFI和RFQ机会 [12] - 公司在Level 3和Level 4自动驾驶应用中的LiDAR需求情况不同,Level 4应用每车需求更高 [17][18] 各个市场数据和关键指标变化 - 公司与The Indoor Lab合作,将InnovizTwo LiDAR部署在美国多个主要机场 [19][20] - 公司与一家主要平台合作伙伴达成协议,为其Level 4自动驾驶平台提供短程和长程LiDAR组合 [7][10] - 公司正在与多家潜在客户就Level 3和Level 4应用进行洽谈 [20][21] 公司战略和发展方向及行业竞争 - 公司专注于为汽车市场提供符合汽车标准的LiDAR解决方案,同时也在探索其他应用领域的机会 [51][63] - 公司的短程和长程LiDAR组合产品有助于提高每车LiDAR数量,从而提升规模效应 [11][12] - 公司的Advanced AI Perception Software是其与其他LiDAR供应商的差异化优势 [15][16] 管理层对经营环境和未来前景的评论 - 管理层对公司在现有和新客户中的管线机会以及未来增长前景持乐观态度 [30][31] - 管理层认为公司的技术和产品得到客户的认可,有望在未来的市场竞争中脱颖而出 [22][30] 其他重要信息 - 公司在6月份举办了EcoMotion年度大会,并发布了首份社会影响报告 [29] - 公司正在进行InnovizTwo平台的生产工艺改进,预计在第三季度完成 [13][14]
Innoviz Technologies Ltd. (INVZ) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 21:56
Innoviz Technologies Ltd. (INVZ) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -30%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.18, delivering a surprise of -63.64%. Over the last four quarters, the company h ...
Innoviz Reports Second Quarter 2024 Results
Prnewswire· 2024-08-07 19:45
Reached an important agreement with a major platform partner to supply a bundle of InnovizTwo short- and long-range LiDARs to their Level 4 autonomous platform, which was already selected by several OEM programs Q2 2024 revenues of $6.7 million exceed previous guidance range of $4-$5 million, up from $1.5 million in Q2 2023 TEL AVIV, Israel, Aug. 7, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive gra ...
Innoviz Technologies' LiDARs to Be Deployed Across Major International Airports in the United States by The Indoor Lab to Improve Passenger Safety and Operational Efficiency Using AI Capabilities
Prnewswire· 2024-08-06 21:00
As the lifeblood of global travel and with ever-growing populations and globalization, adding advanced 3D sensing tools onto airport management is essential to ensure a smooth and secure traveling experience. The Indoor Lab is pioneering the shift from cameras to LiDAR-based solutions, providing higher-quality and exceptionally accurate data for stakeholders. By utilizing InnovizTwo LiDARs for end-to-end airport operational and safety management using machine learning and AI capabilities, The Indoor Lab wil ...
Innoviz Announces Receipt of Nasdaq Non-Compliance Letter
Prnewswire· 2024-08-03 04:30
TEL AVIV, Israel, Aug. 2, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today that it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated July 30, 2024, indicating that the Company no longer satisfies Nasdaq Listing Rule 5450(a)(1) based upon a closing bid price of less ...
Innoviz Sets Second Quarter 2024 Conference Call for Wednesday, August 7 at 9:00 a.m. ET
Prnewswire· 2024-07-17 21:00
TEL AVIV, Israel, July 17, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the second quarter ended June 30, 2024, on Wednesday, August 7, 2024, before the market opens. Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss ...
3 Super-Cheap Penny Stocks for the Ultimate Speculator
Investor Place· 2024-07-10 03:56
In most circumstances, you should avoid extremely speculative ideas, especially those billed as cheap penny stocks. It's difficult to find hard statistics regarding the odds of success in this arena, in large part because of the diversity of enterprises and industries involved. However, to put it colloquially, the odds aren't good at all. We know this because if it the odds were favorable, everybody would bet on cheap penny stocks. But it's not that easy and most times, the underlying entities lose consider ...
Innoviz Technologies and Major OEM Collaborate on New Short-Range LiDAR for L4 Autonomous Vehicles
Prnewswire· 2024-06-26 20:00
"This is an exciting moment for Innoviz as we collaborate with a major global OEM on a new product," said Omer Keilaf, CEO and Co-Founder of Innoviz Technologies. "As the L4 market is starting to ramp-up, we are happy to be able to provide a complete set of solutions to meet the needs of OEMs worldwide and support the acceleration of AV adoption across all sectors." About Innoviz Photo - https://mma.prnewswire.com/media/2448527/New_Short_Range_LiDAR.jpg Logo - https://mma.prnewswire.com/media/2279073/Innovi ...
Innoviz Technologies Releases its First Impact Report
Prnewswire· 2024-06-25 20:00
For the full Impact Report and for more details, please see here. Media Contact [email protected] Photo - https://mma.prnewswire.com/media/2447375/Innoviz_Technologies.jpg Logo - https://mma.prnewswire.com/media/1496323/Innoviz_Technologies_Logo.jpg About Innoviz Investor Contact [email protected] SOURCE Innoviz Technologies "As a player in the automotive industry, our mission is not just to do less harm, but to do good, by creating a unique technology that is safe by design", said Omer Keilaf, CEO and Co-F ...
Innoviz Collaborating with Ecomotion Community to Host the Annual Assembly
prnewswire.com· 2024-05-28 20:00
With over 16,000 members and 750 startups, EcoMotion is a dynamic and growing global community in the smart mobility sector which creates a platform for startups to connect and collaborate with other community members including global industry, investors, and public sector, while highlighting the latest technology innovations in mobility. EcoMotion's mission is to advance the smart mobility sector through technology by supporting startups to scale and addressing the global mobility ecosystem challenges. Inn ...