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Cyngn Announces Date for 2024 Fourth Quarter and Year-End Financial Results

1. Cyngn will announce Q4 and year-end results on March 5, 2025. 2. The company focuses on autonomous vehicle tech for industrial organizations. 3. Cyngn's offerings cater to labor shortages and safety issues in industry. 4. DriveMod Kit enables easy adoption of self-driving technology. 5. No earnings call will be held following the results announcement.

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FAQ

Why Neutral?

No major new information will be disclosed until results are unveiled, making it unlikely to cause immediate stock price movements. Previous earnings calls that lacked substantial updates typically resulted in neutral to minor movements in stock price for Cyngn.

How important is it?

The announcement of results is relevant but lacks significant driver potential ahead of time; results themselves will be critical. Recent trends in autonomous vehicle technologies may affect broader market sentiments which could indirectly impact CYN.

Why Short Term?

The announcement date is close, and immediate reaction to results will shape short-term investor sentiment. Investors often react quickly to any earnings or guidance, influencing short-term price movements.

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TSLAGOOGLNVDA
, /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its 2024 fourth quarter and year-end financial results for the period ended December 31, 2024, on Wednesday, March 5, 2025, after the close of market. The financial results will be available on the Cyngn website under "News & Events" at https://investors.cyngn.com/.  The Company will not host an earnings call. About CyngnCyngn 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). Where to Find Cyngn Website: https://cyngn.comTwitter: http://twitter.com/cyngnLinkedIn: https://www.linkedin.com/company/cyngn YouTube: https://www.youtube.com/@cyngnhq Investor Contact:Don Alvarez[email protected]  Media ContactLuke Renner[email protected]  Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company's reports to the SEC, including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 7, 2024. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. SOURCE Cyngn WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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