JOBY Shares Rise 5.6% Since Q1 Earnings Match Estimates

Joby Aviation (JOBY) reported unimpressive first-quarter 2025 results. The company’s bottom line met the Zacks Consensus Estimate, while the top line missed the same.The stock has risen 5.6% since the release of results on May 7, outperforming the Transportation - Airline industry’s 3% growth. More than the financial numbers, it was the progress made during the quarter on receiving certification for commercial operations that pleased investors, leading to the share price uptick. The company aimsto operate a ...