Innoviz Technologies Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 14.92 million compared to USD 1.58 million a year ago. Net loss was USD 30.45 million compared to USD 34.32 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to USD 0.25 a year ago.

For the full year, the company reported sales was USD 20.88 million compared to USD 6.03 million a year ago. Net loss was USD 123.45 million compared to USD 126.87 million a year ago. Basic loss per share from continuing operations was USD 0.84 compared to USD 0.94 a year ago.