Cyngn Announces Date for Fiscal Fourth Quarter and Year-End 2022 Financial Results

Rhea-AI Summary

Cyngn (NASDAQ: CYN) will disclose its fiscal fourth quarter and year-end 2022 financial results on March 15, 2023, after market closure. They will host a subsequent earnings call at 1:30 PM PDT, featuring a video presentation accessible on their website. Cyngn specializes in autonomous driving software for industrial sectors, providing scalable solutions like the DriveMod Kit, enabling existing vehicles to adopt self-driving tech without high costs. Their Enterprise Autonomy Suite, which includes DriveMod, Cyngn Insight, and Cyngn Evolve, aims to enhance productivity amidst challenges such as labor shortages and rising eCommerce demands.

Positive

• Upcoming earnings call scheduled for March 15, 2023, could provide insights into financial performance.
• Cyngn's innovative DriveMod Kit allows cost-effective adoption of autonomous technology.

Negative

• None.

MENLO PARK, Calif.--(BUSINESS WIRE)-- Cyngn, Inc. (the “Company” or “Cyngn”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial applications, will announce its fiscal fourth quarter and year-end 2022 financial results for the period ended December 31, 2022, on Wednesday, March 15, 2023, after the close of market.

4Q22 & FY2022 Earnings Call: March 15, 2023 (Graphic: Business Wire)

The Company will host an earnings call at 1:30pm PDT / 4:30 pm EDT the same day. As the call will include a video presentation, Cyngn recommends viewing the live webcast of the call which will be available on the Cyngn website under “Events & Presentations” at https://investors.cyngn.com/. A replay of the call will also be available via this link at 3:30pm PDT / 6:30pm EDT.

To participate via telephone:

Toll-Free:				877-407-0890
International:				201-389-0918

About Cyngn

Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn’s self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses significant challenges facing industrial organizations today, such as labor shortages, costly safety incidents, and increased consumer demand for eCommerce.

Cyngn’s DriveMod Kit can be installed on new industrial vehicles at end of line or via retrofit, empowering customers to seamlessly adopt self-driving technology into their operations without high upfront costs or the need to completely replace existing vehicle investments.

Cyngn’s flagship product, its Enterprise Autonomy Suite, includes DriveMod (autonomous vehicle system), Cyngn Insight (customer-facing suite of AV fleet management, teleoperation, and analytics tools), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling).

Find Cyngn on:

Website: https://cyngn.com
Twitter: http://twitter.com/cyngn
LinkedIn: https://www.linkedin.com/company/cyngn
YouTube: https://www.youtube.com/@cyngnhq

View source version on businesswire.com: https://www.businesswire.com/news/home/20230308005217/en/

Investor Contact: Ben Mimmack, ben.mimmack@cyngn.com

Media Contact: Bill Ong, bill@cyngn.com

Source: Cyngn, Inc.

FAQ

When will Cyngn announce its fiscal fourth quarter results for 2022?

Cyngn will announce its fiscal fourth quarter and year-end 2022 financial results on March 15, 2023.

What is the significance of the upcoming earnings call for CYN stock?

The earnings call on March 15, 2023, will provide insights into Cyngn's financial performance, impacting investor sentiment for CYN stock.

What solutions does Cyngn offer for industrial applications?

Cyngn provides autonomous driving software solutions like the DriveMod Kit, enhancing operational efficiency for industrial organizations.