Joby Aviation to Report First Quarter 2022 Results

Rhea-AI Summary

Joby Aviation, Inc. (NYSE: JOBY), a California-based company focused on developing all-electric aircraft for commercial passenger service, will announce its first quarter 2022 earnings after the market closes on May 12, 2022. Management will discuss the results during a conference call at 5:00 pm ET on the same day. The company is developing an all-electric vertical take-off and landing aircraft intended for a fast air taxi service starting in 2024, with a range of 150 miles and speeds up to 200 mph.

SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE: JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced that it will release its first quarter 2022 earnings results after the market close on Thursday, May 12, 2022. Management will discuss the results on a conference call at 5:00 pm ET on Thursday, May 12, 2022. The webcast will be publicly available in the Upcoming Events section of the company website (www.jobyaviation.com). To listen by phone, please dial 1-877-407-3982 or 1-201-493-6780. A replay of the call will be available until midnight, Thursday, May 26, 2022, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13728914.

About Joby Aviation

Joby Aviation, Inc. (NYSE: JOBY) is a California-headquartered transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024. The aircraft, which has a maximum range of 150 miles (241 kilometers) on a single charge, can transport a pilot and four passengers at speeds of up to 200 mph (321 km/h). It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit. Founded in 2009, Joby employs more than 1,000 people, with offices in Santa Cruz, San Carlos, and Marina, California, as well as Washington, D.C. and Munich, Germany. To learn more, visit www.jobyaviation.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and performance of Joby’s aircraft and its regulatory outlook, progress and timing. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially including: Joby’s ability to launch its aerial ridesharing service and the growth of the urban air mobility market generally; Joby’s ability to produce aircraft that meet its performance expectations in the volumes and on the timelines that it projects, Joby’s ability to launch a commercial passenger service beginning in 2024, as currently projected; the competitive environment in which it operates; its future capital needs; its ability to adequately protect and enforce its intellectual property rights; its ability to effectively respond to evolving regulations and standards relating to its aircraft; its reliance on a third-party suppliers and service partners; uncertainties related to Joby’s estimates of the size of the market for its service and future revenue opportunities; and other important factors discussed in the section titled “Risk Factors” in its Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on March 28, 2022, and in other reports it files with or furnishes to the SEC. Any such forward-looking statements represent management’s estimates and beliefs as of the date of this press release. While Joby may elect to update such forward-looking statements at some point in the future, it disclaims any obligation to do so, even if subsequent events cause its views to change.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220421005888/en/

Investors:

investors@jobyaviation.com

+1-831-201-6006

Media:

press@jobyaviation.com

Source: Joby Aviation

FAQ

When will Joby Aviation release its first quarter 2022 earnings results?

Joby Aviation will release its first quarter 2022 earnings results after the market close on May 12, 2022.

What time is the Joby Aviation conference call for earnings discussion?

The conference call for discussing Joby Aviation's earnings will take place at 5:00 pm ET on May 12, 2022.

How can I listen to Joby Aviation's earnings conference call?

You can listen to Joby Aviation's earnings conference call by phone at 1-877-407-3982 or 1-201-493-6780.

What is Joby Aviation's aircraft range and speed?

Joby Aviation's aircraft has a maximum range of 150 miles and can travel at speeds up to 200 mph.

When does Joby Aviation plan to start its air taxi service?

Joby Aviation intends to launch its air taxi service in 2024.