VIEW - Earnings announcements

MILPITAS, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ:VIEW) ("View" or the "Company"), a leader in smart building platforms and technologies, today announced financial results for Q3 2023. Q3 2023 Financial Highlights Revenue Growth: Q3'23 revenue of $38 million grew 61% year-over-year compared to $24 million in Q3'22.Gross Margin Improvement: Higher quality revenue and lower fixed costs drove improving margins year-over-year: Gross Margin improved from ($25 million) in Q3'22 to ($4 million) in Q3'23, which included $6 million of charges from changes in estimated manufactured per-unit costs due to a revised future production outlook and $0.3 million of non-cash stock-ba

MILPITAS, Calif., Nov. 09, 2023 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ:VIEW) ("View" or the "Company"), the leader in smart building technologies, today announced that the Company plans to report Q3 2023 financial results after the market close on Tuesday, November 14th. View will host a conference call to discuss its financial results at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time on Tuesday, November 14th. A live webcast of the call can be accessed on View's Investor Relations website at https://investors.view.com or through the webcast link below. An audio replay of the webcast will be available shortly after the call. The Company's earnings press release will also be available on

Management forecasts to reach gross margin positive in Q3 2023Term sheet executed with lead investor for up to $150 million secured debt facility Q2 2023 Financial Highlights Revenue Growth: Q2'23 revenue of $28 million grew 72% year-over-year compared to $16 million in Q2'22.Gross Margin Improvement: Higher quality revenue, lower fixed costs, improved factory efficiencies, favorable mix, and product cost reductions all drove improving margins y/y: Gross loss improved from ($23 million) in Q2'22 to ($14 million) in Q2'23. Reduction in Operating Expenses: 2022 and 2023 cost reductions resulted in: R&D expense declined by 54% y/y from Q2'22 to Q2'23.SG&A expense declined by 42% y/y from Q2'

MILPITAS, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ:VIEW) ("View" or the "Company"), the leader in smart building technologies, today announced that the Company plans to report Q2 2023 financial results after the market close on Thursday, August 10th. View will host a conference call to discuss its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Thursday, August 10th. A live webcast of the call can be accessed on View's Investor Relations website at https://investors.view.com or through the webcast link below. An audio replay of the webcast will be available shortly after the call. The Company's earnings press release will also be available on

Q1 2023 Financial Highlights and Key Announcements First quarter revenue of $18 million grew 8% year-over-year compared to $17 million for the same period in 2022.First quarter GAAP loss from operations improved from $86 million in the first quarter of 2022 to $64 million in the first quarter of 2023; non-GAAP Adjusted EBITDA loss improved from $63 million in the first quarter of 2022 to $43 million.Cash used in operations improved from $71 million in Q1 2022 to $60 million in Q1 2023, including cost reductions in Factory fixed costs, Research & Development and General & Administrative.Executed further cost reduction actions expected to reduce structural fixed costs by $50 million per year,

MILPITAS, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ:VIEW) ("View" or the "Company"), the leader in smart building technologies, today announced that the Company plans to report Q1 2023 financial results after the market close on Tuesday, May 9th. View will host a conference call to discuss its financial results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time on Tuesday, May 9th. A live webcast of the call can be accessed on View's Investor Relations website at https://investors.view.com or through the webcast link below. An audio replay of the webcast will be available shortly after the call. The Company's earnings press release will also be available on View's Invest

Q4 2022 and Full-Year Highlights Annual revenue of $101 million, exceeding $100 million for the first time in View's history, representing 37% year-over-year growth compared to annual revenue of $74 million in 2021 and within management guidance of $100 to $110 million.Record revenues of $44 million for Q4 2022, representing 56% year-over-year growth compared to $28 million in Q4 2021.As of January 1, 2023, View Smart Windows qualify for the Investment Tax Credit (ITC), a 30% to 50% U.S. Federal tax credit intended to drive widespread adoption of smart windows, similar to solar, wind and stand-alone storage technologies.View launched its residential product offering to capitalize on the lar

MILPITAS, Calif., March 07, 2023 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ:VIEW) ("View" or the "Company"), the leader in smart building technologies, today announced that the Company plans to report Q4 and Full Year 2022 financial results after the market close on Wednesday, March 29th, 2023. View will host a conference call to discuss its results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time the same day. The live webcast of the call can be accessed at the View Investor Relations website at https://investors.view.com, along with the Company's earnings press release. The U.S. dial-in for the call is 1-877-524-8416 (1-412-902-1028 for non-U.S. callers). Callers should ask to join the V

Q3 2022 Financial Highlights Third quarter revenue of $24 million grew 46% q/q compared to $16 million in Q2 2022 and grew 26% y/y compared to $19 million for the same period in 2021Year-to-date revenues of $57 million represent 25% y/y growth compared to $46 million for the same period in 2021 and year-to-date cost of revenue declined by 6% y/y compared to the same period in 2021Revenue growth, cost reduction initiatives and working capital management significantly improved cash used in operations from $82 million in Q2 2022 to $51 million in Q3 2022, in line with management's expectations for improving cash burn in 2H 2022Management reaffirms full year 2022 revenue guidance of $100 millio

MILPITAS, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ:VIEW) ("View" or the "Company"), the leader in smart building technologies, today announced that the Company plans to report Q3 2022 financial results after the market close on Tuesday, November 8th, 2022. View will host a conference call to discuss its results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time the same day. The live webcast of the call can be accessed at the View Investor Relations website at https://investors.view.com, along with the Company's earnings press release. The U.S. dial-in for the call is 1-877-524-8416 (1-412-902-1028 for non-U.S. callers). Callers should ask to join the View, Inc. call.

Q2 2022 Highlights Second quarter revenue of $16 million and first half of 2022 revenue of $33 million compared to $17 million and $27 million for the same periods in 2021, representing a 4% y/y decline and 25% y/y growth, respectivelySecond quarter GAAP cost of revenue of $40 million; first half of 2022 GAAP cost of revenue of $80 million represents a 7% y/y decline from first half 2021 cost of revenue of $86 millionMajor customer wins and installations in Q2 2022 include Amazon (Office), 10 World Trade (BGI: Lifesciences), Dallas Fort Worth (Airport), Phoenix Sky Harbor (Airport), Missoula Montana (Airport), Credit Union of Colorado (Office) and Versante Hotel (Hotel)Management reaffirms

MILPITAS, Calif., July 20, 2022 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ:VIEW) ("View" or the "Company"), a leader in smart building platforms and technologies, today announced that the Company plans to report second quarter 2022 financial results after market close on Monday, August 8th, 2022. View will host a conference call to discuss its results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day. The live webcast of the call can be accessed at the View Investor Relations website at https://investors.view.com, along with the Company's earnings press release. The U.S. dial-in for the call is 1-888-428-7458 (1-404-267-0368 for non-U.S. callers). Callers should ask to join

Q1 2022 Highlights Revenue of $17 million, represents 74% year-over-year growth.GAAP cost of revenue of $41 million, up 12% year-over-year.Major customer wins and installations in Q1 2022 include Sorrento Gateway (Healthpeak: Lifesciences), Sven (The Durst Organization: Multifamily Residential), The Eight (Skanska: Office), The Artise (Schnitzer West/Amazon: Office) and SoFA One (Nabr: Multifamily).Management reaffirms full year 2022 revenue guidance of $100 million to $110 million. Conclusion of Financial Restatement View has completed 10-K and 10-Q filings for 2021, marking the completion of the Company's financial restatement.Upon the upcoming 10-Q filing for Q1 2022, View will h

MILPITAS, Calif., June 17, 2022 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ:VIEW) ("View" or the "Company"), the leader in smart building technologies, today announced that the Company plans to report Q1 2022 financial results before market open on Thursday, June 23rd, 2022. View will host a conference call to discuss its results at 8:00 a.m. Pacific Time / 11:00 a.m. Eastern Time the same day. The live webcast of the call can be accessed at the View Investor Relations website at https://investors.view.com, along with the Company's earnings press release. The U.S. dial-in for the call is 1-877-524-8416 (1-412-902-1028 for non-U.S. callers). Callers should ask to join the View, Inc. call. A re

Full Year 2021 Highlights Record revenue of $74 million, up 125% year-over-year, and exceeding previous guidance range of $65 million to $70 million.GAAP cost of revenue of $195 million, up 61% year-over-year, which against revenue growth of 125% reflects our ability to leverage fixed costs over higher volumes.View launched its Smart Building Platform, delivering a full performance solution that includes a converged secure network infrastructure, Smart Glass panel, Smart Building Technologies, and end-to-end design and deployment services.View acquired IoTium, an edge-cloud security platform for smart buildings, in July 2021, and WorxWell, a user and building data analytics SaaS platform, i

MILPITAS, Calif., May 23, 2022 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ:VIEW) ("View" or the "Company"), the leader in smart building technologies, today announced that the Company plans to report 2021 financial results and prior periods after the market close on Tuesday, May 31st, 2022. View will host a conference call to discuss its results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day. The live webcast of the call can be accessed at the View Investor Relations website at https://investors.view.com, along with the Company's earnings press release. The U.S. dial-in for the call is 1-877-524-8416 (1-412-902-1028 for non-U.S. callers). Callers should ask to join the View,