- Otonomo Technologies press release ( NASDAQ: OTMO ): Q2 Non-GAAP operating loss of $15.8M
- Revenue of $1.9M (+533.3% Y/Y)
- Cash and cash equivalents, short term investments and restricted cash as of June 30, 2022 was $169.5 million.
- “As we look to the second half of the year, we realize we can be susceptible to macro-economic headwinds, which can affect our 2022 guidance. Based on the global uncertainties in the market, the forecast for 2022 should no longer be relied upon and we are not forecasting results for the second half of the year at this time. We believe these are near-term challenges and we will remain focused on scaling our business and growing our customer base,” said CEO Ben Volkow
- Shares +8.29% PM.
For further details see:
Otonomo Technologies reports Q2 results