Innoviz Reports First-Quarter 2024 Results, Exceeds Revenue Guidance for Second Consecutive Quarter and Expands Key Partner and Customer Relationships

May 8, 2024

https://www.prnewswire.com/news-releases/innoviz-reports-first-quarter-2024-results-exceeds-revenue-guidance-for-second-consecutive-quarter-and-expands-key-partner-and-customer-relationships-302139559.html

Q1 2024 revenues of $7.1 million exceed previous guidance range of $5 –$6 million; reiterates full year 2024 operational targets

TEL AVIV, Israel, May 8, 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 provided commercial and strategic updates on its business, reported its financial results for the first quarter ended March 31, 2024, provided guidance for the second quarter and reiterated its full year commercial and financial targets.

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