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Joby Aviation Stock Is Up After Q2 Results
Joby Aviation, Inc. (NYSE:JOBY) shares are trading higher after the company reported its second-quarter financial results Wednesday. Here's a look at the details from the report.
The Details: Joby Aviation reported quarterly GAAP losses of 18 cents per share, which met the analyst consensus estimate. The company reported a net loss of $123.3 million which reflects a net operating loss of $144.3 million, partly offset by net income of $21 million.
Joby noted its ...