Innoviz Technologies Q2 Earnings Call Highlights
Innoviz Technologies reported record Q2 revenue of $18.1 million, driven by higher recognition of NRE revenue from customer milestones. It also announced expansion into defense and homeland-security with its new Perciz brand, citing an initial multimillion-dollar order.
Why it matters — The record revenue and entry into defense and security markets through Perciz signal potential new growth avenues for Innoviz beyond automotive lidar.