Joby Aviation: It's Going To Be A Long While Before This Plane Flies
Joby Aviation(JOBY) Seeking Alpha·2024-08-08 15:21
Matteo Colombo After the market closed on August 7th, the management team at Joby Aviation (NYSE:JOBY) announced financial results covering the second quarter of the company's 2024 fiscal year. The bright side to the results reported by management was that the company did exceed analysts' forecasts on the bottom line. By considering how significantly negative profits and cash flows are, this is not all that impressive. The fact of the matter is that the company continues to see its cash balance shrink quart ...