OTMO - Earnings announcements

HERZLIYA, Israel and SAN FRANCISCO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (NASDAQ:OTMO), the platform powering the mobility economy, today announced that it will release its financial results for the fourth quarter and full year, ending December 31, 2022, before the market opens on Wednesday, February 15, 2023. Otonomo's management will host a conference call to discuss the fourth quarter and full year 2022 financial results on Wednesday, February 15, 2023, at 8:30 a.m. Eastern Time.Management team members on the call will include Ben Volkow, CEO, Director & Co-Founder and Bonnie Moav, CFO.Otonomo encourages participants to pre-register for the conference call here.

HERZLIYA, Israel and SAN FRANCISCO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (NASDAQ:OTMO), the platform powering the mobility economy, today announced its financial results for the quarter ended September 30, 2022. Third Quarter 2022 Financial Results: Revenue for the third quarter 2022 was $2.0 million compared to $0.2 million for the third quarter 2021.GAAP operating loss for the third quarter 2022 was $37.0 million, including an impairment charge of $26.3 million for writing off all Goodwill and Intangible assets related to acquisitions made in the past, compared to $0 million for the third quarter 2021.Non-GAAP operating loss* for the third quarter 2022 was $13.4

HERZLIYA, ISRAEL and SAN FRANCISCO, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (NASDAQ:OTMO), the platform powering the mobility economy, today announced that it will release its financial results for the third quarter of 2022 before the market opens on Wednesday, November 16, 2022. Otonomo's management team will host a conference call to discuss the second quarter 2022 financial results on Wednesday, November 16, 2022, at 8:30 a.m. Eastern Time. Management team members on the call will include Ben Volkow, CEO, Director & Co-Founder, and Bonnie Moav, CFO. Otonomo encourages participants to pre-register for the conference call here. Participants can choose to

HERZLIYA, Israel and SAN FRANCISCO, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (NASDAQ:OTMO), the platform powering the mobility economy, today announced its financial results for the quarter ended June 30, 2022. Second Quarter 2022 Financial Results: Total revenue for the second quarter 2022 was $1.9 million compared to $0.3 million for the second quarter 2021.GAAP operating loss for the second quarter 2022 was $65.6 million, including an impairment charge of $45.8 million, compared to a loss of $5.6 million for the second quarter 2021.Non-GAAP operating loss* for the second quarter 2022 was $15.8 million compared to a loss of $5.0 million for the second quarter 2021.C

HERZLIYA, Israel and SAN FRANCISCO, July 19, 2022 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (NASDAQ:OTMO), the platform powering the mobility economy, today announced that it will release its financial results for the second quarter of 2022 before the market opens on Wednesday, Aug. 17, 2022. Otonomo's management will host a conference call to discuss the second quarter 2022 financial results on Wednesday, Aug. 17, 2022, at 8:30 a.m. Eastern Time. Management team members on the call will include Ben Volkow, CEO, Director & Co-Founder, Bonnie Moav, CFO, and Doron Simon, EVP of Strategy and Corporate Development. Otonomo encourages participants to pre-register for the conference call

HERZLIYA, Israel and SAN FRANCISCO, May 17, 2022 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (NASDAQ:OTMO), the platform powering the mobility economy, today announced its first quarter 2022 financial results reflecting strong growth year over year, continued momentum in demand for key mobility services use cases, new customers and the strategic acquisition of The Floow. Revenue for the first quarter was $1.03 million, an increase of 380% year over year. Otonomo's cash and cash equivalents, and restricted cash balance as of March 31, 2022, was $196.8 million. First Quarter 2022 Financial Highlights: Total revenue

Conference Call to be Held on the Same Day at 8:30 a.m. Eastern Standard Time HERZLIYA, Israel and SAN FRANCISCO, April 14, 2022 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (Nasdaq:OTMO), the mobility intelligence company, today announced that it will release its financial results for the first quarter of 2022 before the market opens on Tuesday, May 17, 2022. Otonomo's management will host a conference call to discuss the first quarter 2022 financial results on Tuesday, May 17, 2022 at 8:30 a.m. Eastern Time. Management team members on the call will include Ben Volkow, CEO, Director & Co-Founder, Bonnie Moav, CFO, and Doron Simon, EVP of Strategy and Corporate Development. Ot

HERZLIYA, Israel, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (Otonomo), (NASDAQ:OTMO), the mobility intelligence company, today announced its financial results for the fourth quarter and full year, ending December 31, 2021. In 2021, Otonomo reported a growing number of use cases and across a wider set of geographies, entered into six new OEM contracts, acquired Neura and further developed in the platform. Otonomo's cash and cash equivalents, and restricted cash balance as of December 31, 2021 was $208.1 million. Otonomo Full Year & Q4 2021 Financial Highlights Total Revenue for the fourth quarter was $1.1 million compared to $212 thousand, in the

HERZLIYA, Israel and SAN JOSE, Calif., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (Otonomo), (Nasdaq: OTMO), a leading provider of a pioneering mobility intelligence, announced today that it will release its financial results for the fourth quarter and full year 2021 before the market opens on February 15, 2022. Otonomo's management will host a conference call to discuss the fourth quarter and full year 2021 financial results on February 15, 2022 at 8:30 a.m. Eastern Time. Management team members on the call will include Ben Volkow, CEO, Director & Co-Founder, Bonnie Moav, CFO, Amit Hammer, EVP Operations and Doron Simon, EVP of Strategy and Corporate Development.

HERZLIYA, Israel and SAN JOSE, Calif., Nov. 12, 2021 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (Otonomo) (NASDAQ:OTMO), a leading provider of a pioneering mobility intelligence platform, today provided a business update and announced financial results for the nine months ended September 30, 2021.   Management's Remarks  "On August 16, Otonomo's ordinary shares began trading on Nasdaq. This milestone marked a key step in positioning Otonomo to increase scale and fulfill our vision of building the world's most advanced mobility and automotive ecosystem powered by data. Currently, we are laying the groundwork to leverage the significant growth opportunities ahead and we are moving quick

HERZLIYA, Israel and SAN JOSE, Calif., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (Otonomo) (NASDAQ:OTMO), a leading provider of a pioneering mobility intelligence platform, announced today that it expects to release its financial results for the third quarter (which ended on September 30, 2021) at 8:30 a.m. Eastern Time on Friday, November 12, 2021. Ben Volkow, Otonomo's CEO & CO-Founder, commented: "We see strong growth in various verticals of the business, including smart cities and fleets. Additionally, we are excited about our recently announced agreements with Amazon, Salesforce, Leaseplan and other customers. However, the benefits of these agreements will take

HERZLIYA, Israel and SAN JOSE, Calif. and PALO ALTO, Calif., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (Otonomo), (NASDAQ:OTMO), a leading provider of a pioneering vehicle data platform and marketplace, announces that it has acquired Neura, Inc. (Neura), a leader in AI-powered Mobility Intelligence. Otonomo acquired 100% of Neura outstanding equity interests. Otonomo expects this acquisition to expedite Otonomo's growth and to contribute positively to Otonomo's revenue moving forward. Otonomo's newly expanded mobility intelligence platform will leverage Neura's advanced analytics powered by patented Artificial Intelligence (AI) and Machine Learning (ML) technologies, and