Innoviz Technologies Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 1.47 million compared to USD 1.8 million a year ago. Net loss was USD 31.17 million compared to USD 28.12 million a year ago. Basic loss per share from continuing operations was USD 0.23 compared to USD 0.21 a year ago.
For the six months, sales was USD 2.48 million compared to USD 3.57 million a year ago. Net loss was USD 65.97 million compared to USD 58.35 million a year ago. Basic loss per share from continuing operations was USD 0.48 compared to USD 0.43 a year ago.