Innoviz Technologies Reports Q3 Earnings and Lowers FY2026 Revenue Guidance
Innoviz Technologies (INVZ) reported third-quarter results that showed a mix of earnings beats and revenue misses. The company posted a GAAP EPS of -$0.07, exceeding analyst expectations by $0.01, but reported revenue of $12.09 million, which fell significantly short of consensus estimates by $6.41 million. Looking ahead, the company has adjusted its full-year 2026 financial targets downward. New revenue guidance is set between $44 million and $46 million, a substantial decrease from the previous consensus of approximately $70.23 million. Despite this reduction, Innoviz aims to secure 2–3 new program wins and expects Perciz to contribute roughly 6-7% of total revenue.
Tickers: $INVZ
Topics: earnings beat guidance revision liquidity revenue miss