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Luminar posted first-quarter revenue of $18.9 million that surpassed estimates of $16.27 million but suffered a loss per share of $1.82, worse than a feared $1.63 loss per share.
Luminar’s $5 billion market capitalization is by far the largest of the half-dozen lidar start-ups competing for business among both automotive manufacturers and autonomous vehicle technology ...
Luminar has had some wins, but also restructured several times. Luminar cut about 30% of its workforce in 2024 via two rounds of layoffs. Some of those layoffs spilled into the first quarter of 2025.
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as ...
The Zacks Consensus Estimate for Luminar's (LAZR) second-quarter earnings and revenues is pegged at a loss of 23 cents per share and $15.93 million, respectively.
Luminar Technologies LAZR shares are trading lower this Wednesday after the company reported worse-than-expected Q4 earnings.. What to Know: On Tuesday after market closure, Luminar Technologies ...
Luminar Technologies, Inc. LAZR is scheduled to release first-quarter 2024 results on May 7, after the closing bell.The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share ...
Luminar's revenue multiple also still sits at around 7.5, which is still reasonably high. This must be viewed in light of the growth expected over the next few years though.
The all-stock transaction involves Luminar transferring 3 million shares of its common stock, or about $42.3 million at today’s share price, to Freedom Photonics’s employees per a regulatory ...
Luminar made a number of big announcements, including a next-generation version of its Iris laser sensor with 300 meters of range and bold new factory plans. Luminar is also opening factories in ...
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