Innoviz Technologies Q3 EPS $(0.07) Beats $(0.08) Estimate, Sales $12.098M Miss $18.500M Estimate

Innoviz Technologies (NASDAQ:INVZ) reported quarterly losses of $(0.07) per share which beat the analyst consensus estimate of $(0.08) by 12.5 percent. This is a 12.5 percent increase over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $12.098 million which missed the analyst consensus estimate of $18.500 million by 34.61 percent. This is a 20.81 percent decrease over sales of $15.278 million the same period last year.