Luminar Technologies

Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which designs, builds, and sells long-range lidar products that address the requirements of global automotive OEMs and technology companies for autonomous driving. It operates through the following segments: Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment engages in the design, manufacturing and sale of lidar sensors, as well as related perception and autonomy enabling software solutions catering mainly to the original equipment manufacturers in the automobile, commercial vehicle, robo-taxi and adjacent industries. The Other Component Sales segment provides designing, testing, and consulting services for non-standard integrated circuits to U.S. customers, including government agencies and defense contractors generally for purposes unrelated to autonomous vehicles.The company was founded by Austin Russell and Jason Eichenholz in 2012 and is headquartered in Orlando, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Luminar Technologies reports Q1 revenue growth and strategic partnerships

Luminar Technologies showcased strong performance in Q1 with revenue of $14.5 million and strategic partnerships.
The company faces challenges in achieving profitability targets and reducing start-up costs as production scales.
Opportunities for growth include expanding the order book, scaling revenue per vehicle through software capabilities, and strategic partnerships.
Overall, Luminar's focus on scaling manufacturing, technology advancements, and customer engagements positions it for future success.

Luminar reports strong Q2 revenue growth and strategic partnerships

Luminar Technologies demonstrated robust revenue growth and strategic partnerships in Q2, despite facing gross loss challenges.
The company's focus on continuous product development and leveraging key partnerships positions it well in the evolving market.
Opportunities lie in revenue diversification, customer traction, and strategic partnerships for future growth.
Challenges include profitability timeline, competitive landscape shifts, and cautious approach towards non-hardware sales.

Luminar Technologies excels in Q3, eyes growth through innovation

Luminar Technologies demonstrated strong performance and financial stability, poised for revenue growth in Q4 with a focus on innovation and customer relationships.
The company's strengths lie in strategic partnerships, next-gen technology, and a commitment to high performance and continuous improvement.
Challenges include geopolitical uncertainties, market dynamics, and the need for a smooth transition to new sensor technologies while maintaining profitability.
Opportunities for Luminar include expanding business with key customers, diversifying into new markets, and achieving financial milestones for sustained success.

Luminar transitions to growth stage with strong revenue diversification

Luminar Technologies is poised for growth with a strong focus on production vehicles and revenue diversification efforts.
The company's strategic collaborations, uncompromising product performance, and ecosystem approach position it well in a rationalizing competitive landscape.
Challenges around profitability timelines, market perception, and order book transparency require focused execution and communication strategies.

Luminar Technologies achieves production milestone, eyes significant growth ahead

Luminar Technologies' Q1 performance reflects progress in LiDAR production, cost savings, and margin improvement. Despite challenges in ASPs and production, the company's strengths lie in software development, global scaling, and the Halo product's growth potential. Opportunities for significant growth and differentiation in the autonomous vehicle sector are on the horizon.

Luminar Technologies restructures debt, advances safety tech with key partnerships

Luminar Technologies navigated financial challenges in Q2 2024 through debt restructuring while showcasing progress in key industry partnerships.
Despite facing significant gross losses and negative cash flow, Luminar's focus on safety technology and strong collaborations position them for future growth.
Investor confidence in Luminar's potential, demonstrated through debt restructuring success, highlights opportunities for the company to innovate and expand.

Luminar Technologies excels in Q3 with strategic partnerships and innovation

Luminar Technologies (LAZR) delivered a strong performance in Q3 2024, showcasing technological advancements, strategic partnerships, and improved financial metrics through cost reduction efforts.
The company's focus on innovation, market leadership, and operational efficiency positions it well in the evolving landscape of autonomous driving and LiDAR technology adoption.
While facing challenges in a competitive market and technological advancements, Luminar has opportunities to drive growth through expanding partnerships, product innovation, and capturing market share in the autonomous vehicle segment.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which engages in the design, building, and marketing of long-range lidar products that address the requirements of global automotive OEMs and technology companies for autonomous driving. It operates through the Autonomy Solutions and Advanced Technologies and Services segments. The Autonomy Solutions segment includes the designing, manufacturing, and marketing of lidar sensors catering mainly to the OEMs in the automobile, commercial vehicle, robo-taxi and adjacent industries. The Advanced Technologies and Services segment provides semiconductors and related components, as well as design, test, and consulting services to the Autonomy Solutions segment and to various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles. The company was founded by Austin Russell and Jason Eichenholz in 2012 and is headquartered in Orlando, FL.

Luminar Technologies (LAZR) stock is taking off on Tuesday after announcing a major autonomous vehicle deal with Nvidia (NVDA). The post LAZR Stock Alert: The Huge Partnership Sending Luminar Rocketing Higher Today appeared first on InvestorPlace.

LAZR Stock Alert: The Huge Partnership Sending Luminar Rocketing Higher Today

NVIDIA

On Tuesday, Luminar Technologies Inc (NASDAQ: LAZR) announced its lidar solution has been selected to be integrated into the sensor suite of Nvidia Corporation's (NASDAQ: NVDA) AI vehicle computing platform for autonomous vehicles. The platform, called DRIVE Hyperion, is slated for production beginning in 2024 and will accelerate the development of autonomous consumer vehicles.

Luminar & Nvidia Stocks Soar On Partnership News: What's Next?

Luminar Technologies Inc (NASDAQ: LAZR) is up more than 30% in the stock market this morning after announcing its partnership with Nvidia Corp (NASDAQ: NVDA). Nvidia to use Luminar's lidar sensors Luminar said the chipmaker will use its lidar sensors in Nvidia Drive Hyperion – a self-driving technology platform that includes everything from sensors to […] The post Luminar shares opened 30% up on Tuesday: what happened?

Luminar shares opened 30% up on Tuesday: what happened?

Luminar stock shot up as much as 44% after a new self-driving car deal with Nvidia.

Luminar skyrockets as much as 44% after striking deal with Nvidia for self-driving car technology

Luminar Technologies (NASDAQ: LAZR) is trading higher Tuesday after the company announced its lidar solution has been selected to be part of the sensor suite in NVIDIA Corp's (NASDAQ: NVDA) NVIDIA DRIVE Hyperion autonomous vehicle reference platform. Nvidia's AI vehicle computing platform accelerates development of autonomous consumer vehicles with planned production starting in 2024.

Why Luminar Shares Are Soaring Today

Shares of Luminar Technologies, Inc. (NASDAQ: LAZR) are soaring Tuesday, rising to the highest level since early June. What Happened: Florida-based Luminar, a manufacturer of automotive lidar hardware and software, said Nvidia Corporation (NASDAQ: NVDA) has selected its lidar solutions to be part of the sensor suite in the Nvidia "DRIVE" Hyperion autonomous vehicle reference platform.

Luminar Skyrockets After Nvidia Chooses Its Lidar For Autonomous Vehicle Platform

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Lidar Selected for NVIDIA DRIVE Hyperion Autonomous Vehicle Reference Platform

Luminar Lidar Selected for NVIDIA DRIVE Hyperion Autonomous Vehicle Reference Platform

The lidar upstart will supply the sensors for the DRIVE Hyperion system Nvidia is developing for use in personal self-driving vehicles starting in 2024.

Luminar To Supply Laser Sensors For Nvidia's Self-Driving Car Platform

Luminar, a company that develops lidar sensors for use in self-driving cars, has seen its stock rise by about 7.5% over the last week and also remains up by 13% over the last month. Although there hasn't been too much news relating to the company, investors have been doubling down on the electric.

Rising 13% Last Month, What's Next For Luminar Stock?

SAN FRANCISCO--(BUSINESS WIRE)--Embark Trucks, Inc. (“Embark”), a leading developer of autonomous software for the trucking industry, and Luminar Technologies, Inc. (“Luminar”) (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced a novel partnership to equip Embark's truck fleet with Luminar's long-range lidar. This partnership gives Embark and its carrier partners access to Luminar's cutting edge automotive-grade long-range lidar sensors as th

Embark Partners with Luminar to Accelerate Commercial SaaS Autonomous Truck Deployment

Tesla

You should expect LAZR stock to stay hot as Tesla's safety probe intensifies and Luminar gains ground as the lidar industry's leader. The post Tesla's Safety Pain Is Luminar's Gain appeared first on InvestorPlace.

Tesla's Safety Pain Is Luminar's Gain

AEye

MicroVision

Velodyne Lidar

Today, a bullish analyst report on one of the various lidar stocks investors are watching took this sector higher before the late selloff. The post Lidar Stocks: What Is Going on With VLDR, LAZR, LIDR, MVIS Stocks Today?

Lidar Stocks: What Is Going on With VLDR, LAZR, LIDR, MVIS Stocks Today?

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced the addition of two new executives to help enable its next phase of growth and execution. The company welcomed Debra Poppas as its Quality leader, previously serving as Vice President, Global Quality at the truck design and manufacturing company PACCAR, and Sameer Ladiwala as Chief Accounting Officer, having previously served as Chief

Arm and PACCAR Executives Join Luminar

Luminar's $5 billion market capitalization is by far the largest of the half-dozen lidar start-ups competing for business both among automotive manufacturers and autonomous vehicle technology companies.

Luminar's Path To Autonomy Runs Through Software

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced that it will provide its quarterly business update and report its financials for the third quarter ended September 30 following the close of the market on Thursday, November 11, 2021. Founder and CEO Austin Russell and CFO Tom Fennimore will host a video webcast that day at 2:00 p.m. PT (5:00 p.m. ET) to discuss business and financial

Luminar to Provide Quarterly Business Update on November 11, 2021

LAZR stock's depressed price doesn't reflect Luminar's major commercial wins and strong year-to-date execution in revenue generation. The post After Fiscal Wins Across the Board, It's Time to Buy Luminar appeared first on InvestorPlace.

After Fiscal Wins Across the Board, It's Time to Buy Luminar

Innoviz Technologies

Lidar companies recently took center stage, showcasing their tech as essential to both safety and AD. Lidar stocks are the way of the future.

3 Lidar Stocks to Buy Despite the Market's Doubts

As we get closer to the era of autonomous driving, lidar will be in hot demand. LAZR stock is one of the best plays on this theme.

Don't Give Up on Luminar Technologies Yet

Luminar's weak near-term price action doesn't make a whole lot of sense. The self-driving LiDAR company's fundamentals are as strong as ever, and on top of that, the AV space is booming right now.

Luminar Stock Won't Be This Cheap for Much Longer

Luminar, a company that develops lidar sensors for use in self-driving cars, has seen its stock decline by about 6% over the last week, trading at $16.50 per share. The stock also remains down by about 47% year-to-date.

What's Happening With Luminar Stock?

Axsome Therapeutics

Groupon

Las Vegas Sands

Workhorse Group

The Dow Jones dipped about 40 points, the S&P 500 was flat, and the Nasdaq saw some mild gains, led by Big Tech stocks such as Apple, Facebook, and Amazon. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.

Axsome Therapeutics Inc Ranked Among Today's Top Shorts After The European Central Bank Says It May Slow Down Bond Purchases

MUNICH--(BUSINESS WIRE)--Luminar Debuts Proactive SafetyTM with On-Road Demonstrations at IAA Munich

Luminar Debuts Proactive SafetyTM with On-Road Demonstrations at IAA Munich; Expands Customer Ecosystem with Two Tier 1 Global Automotive Integration Partnerships

Luminar released its first ever public demonstration of its Hydra LiDAR technology, in its second quarter earnings video. It was a strong display of the company's impressive technology.

Luminar Stock Is Poised to Pop for Luminar's 2022 Commercial Launch

The recent NHSTA probe into Tesla brings to light the enormous untapped potential for lidar technology to make driving smarter and safer. Here's a closer look at  the three best ways to play the exciting lidar space right now.

Tesla Cars Are Crashing. But These 3 Lidar Stocks Are Ready to Race.

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced the addition of four industry leaders to help enable its next phase of growth and execution. They bring a combined century of professional experience in the automotive and technology industries. “We're hyper focused on taking Luminar to the next level in this new phase of growth and execution. Each of our new leaders are at the top of

News for Luminar Technologies Stock (LAZR)