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News

Innoviz Technologies Expects Q2 Revenue of $4M-$5M Vs $5.3M Est

Author: Benzinga Newsdesk | May 08, 2024 07:04am

Second Quarter 2024 Financial Targets

The Company expects second quarter 2024 revenues in the range of $4 million to $5 million, compared to $1.5 million for Q2 2023.

FY 2024 Operational Targets

The Company reiterated its targets for FY 2024:

  • Secure 2-3 additional customer programs in 2024
  • Secure $20-70 million of new NRE bookings in 2024

Posted In: INVZ