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Joby Aviation Q4 Loss Widens, Revenue Falls; Eyes Inaugural Passenger Flights in Late 2025 or Early 2026
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Joby Aviation Q4 Loss Widens, Revenue Falls; Eyes Inaugural Passenger Flights in Late 2025 or Early 2026
Feb 26, 2025 2:34 PM

05:15 PM EST, 02/26/2025 (MT Newswires) -- Joby Aviation ( JOBY ) reported a Q4 loss of $0.34 per diluted share, widening from a loss of $0.17 a year earlier.

Analysts polled by FactSet expected a loss of $0.19.

Revenue for the quarter ended Dec. 31 was $55,000, compared with $1 million a year earlier.

Analysts surveyed by FactSet expected $100,000.

The company said it intends to deploy an aircraft to Dubai by mid-2025 for flight testing and plans to launch passenger flights in late 2025 or early 2026.

Shares of the company were up 4% in after-hours activity.

Price: 6.97, Change: +0.27, Percent Change: +4.03

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