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

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Earnings data Q3 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.

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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.

NEW YORK--(BUSINESS WIRE)---- $LAZR #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Luminar Technologies, Inc. (“Luminar” or the “Company”) (NASDAQ: LAZR) and certain of its officers, on behalf of all persons and entities that purchased or otherwise acquired Luminar securities between February 28, 2023 and March 17, 2023, (the “Class Period”). Such investors are encouraged to join this case by visiting the firm's site: ww.

Bronstein, Gewirtz & Grossman, LLC Notifies Luminar Technologies, Inc. (LAZR) Investors of Class Action and to Actively Participate

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Luminar Technologies, Inc. (“Luminar” or the “Company”) (NASDAQ: LAZR) in the United States District Court for the Middle District of Florida on behalf of all persons and entities who purchased or otherwise acquired Luminar securities between February 28, 2023 and March 17, 2023, both dates inclusive (the “Class Period”). I.

LUMINAR ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Luminar Technologies, Inc. and Encourages Investors to Contact the Firm

Luminar Technologies, Inc. (NASDAQ:LAZR ) TD Cowen 51st Annual Technology, Media & Telecom Conference Call June 1, 2023 8:30 AM ET Company Participants Tom Fenimore - Chief Financial Officer Conference Call Participants Josh Buchalter - TD Cowen Josh Buchalter Hey, good morning, everyone. Welcome to Day 2 of our 51st Annual TMT Conference.

Luminar Technologies, Inc. (LAZR) TD Cowen 51st Annual Technology, Media & Telecom Conference (Transcript)

NEW YORK--(BUSINESS WIRE)---- $LAZR #classaction--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Middle District of Florida on behalf of those who acquired Luminar Technologies, Inc. (“Luminar” or the “Company”) (NASDAQ: LAZR) securities during the period from February 28, 2023 through March 17, 2023 (the “Class Period”). Investors have until July 25, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Luminar is an.

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Luminar Technologies, Inc. (LAZR) Investors

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Luminar business and prospects, resulting in its stock trading at inflated prices.

LAZR INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Luminar Technologies, Inc. Investors with Substantial Losses Have Opportunity to Lead the Luminar Technologies Class Action Lawsuit

LOS ANGELES, CA / ACCESSWIRE / May 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luminar Technologies, Inc. ("Luminar" or "the Company") (NASDAQ:LAZR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 28, 2023 and March 17, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before July 25, 2023.

INVESTOR DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Luminar Technologies, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $LAZR #LAZR--The Schall Law Firm Encourages Investors in Luminar Technologies, Inc. with Losses of $100,000 to Contact the Firm.

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Luminar Technologies, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luminar Technologies, Inc. ("Luminar" or "the Company") (NASDAQ: LAZR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 28, 2023 and March 17, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before July 25, 2023.

IMPORTANT INVESTOR NOTICE: The Schall Law Firm Encourages Investors in Luminar Technologies, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , May 27, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Luminar Technologies, Inc. ("Luminar" or the "Company") (NASDAQ: LAZR). If you suffered losses exceeding $50,000 investing in Luminar stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext.

LUMINAR INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Luminar To Contact Him Directly To Discuss Their Options

Luminar Technologies, Inc. (NASDAQ:LAZR ) Evercore ISI Autotech & AI Forum Conference Call May 24, 2023 3:00 PM ET Company Participants Tom Fennimore - Chief Financial Officer Aileen Smith - Head of Investor Relations Conference Call Participants Chris McNally - Evercore ISI Doug Dutton - Evercore ISI Chris McNally Hello, everyone again, and thank you for joining this next session of our Autotech & AI Conference. Today with us we have the pleasure of having the CFO of Luminar, Tom Fennimore joined by the new Head of IR, Aileen Smith.

Luminar Technologies, Inc. (LAZR) Evercore ISI Autotech & AI Forum Conference - (Transcript)

Luminar Technologies, Inc. reported a big Q1 2023 beat, with revenues hitting a crucial milestone. The Lidar sensor company continues to guide to 100%+ growth in the years ahead after hitting 112% during Q1.

Luminar: Rapid Growth Ahead

SEATTLE--(BUSINESS WIRE)--LUMINAR NEO Showcased at MICROSOFT BUILD 2023.

Luminar Neo's NPU-accelerated features show how AI is rapidly transforming creativity apps on Windows 11

Luminar Technologies, Inc. (NASDAQ:LAZR ) 51st Annual J.P. Morgan Global Technology, Media and Communications Conference Call May 22, 2023 3:50 PM ET Company Participants Tom Fennimore - Chief Financial Officer Conference Call Participants Samik Chatterjee - JPMorgan Chase & Co. Samik Chatterjee Good afternoon.

Luminar Technologies, Inc. (LAZR) 51st Annual J.P. Morgan Global Technology, Media and Communications Conference Call Transcript

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Luminar's CEO made several acquisitions of company stock this week. The company beat on the top line but failed to meet analysts' bottom-line expectations for Q1 2023.

Why Luminar's Stock Is Racing Higher This Week

Austin Russell, the 28-year-old billionaire who earned the title of the world's youngest self-made billionaire at age 25, has been on an absolute shopping spree. Earlier this week, the Luminar Technologies (NASDAQ: LAZR ) CEO and Stanford dropout disclosed that he would purchase 82% of Forbes for $656 million, valuing the company at $800 million.

CEO Austin Russell Just Made a Big Bet on Luminar (LAZR) Stock

Luminar (NASDAQ: LAZR) stock price is hovering near the lowest level since January as concerns about the company's profitability continues. The shares plunged to a low of $5.51, ~47% below the highest level this year.

LAZR stock price forecast as Luminar sits at a key support

NEW YORK , May 12, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Luminar Technologies, Inc. (NASDAQ: LAZR) resulting from allegations that Luminar may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Luminar securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

LAZR INVESTOR NEWS: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Luminar Technologies, Inc. Investors to Inquire About Securities Class Action Investigation - LAZR

Luminar Technologies, Inc. (LAZR) came out with a quarterly loss of $0.24 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.16 per share a year ago.

Luminar Technologies, Inc. (LAZR) Reports Q1 Loss, Tops Revenue Estimates

ORLANDO, Fla.--(BUSINESS WIRE)--Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the first quarter of 2023. The company is on track to meet or beat all of its company-level execution milestones and financial guidance for the year. “Luminar is firing on all cylinders and successfully proving our ability to execute, industrialize and capitalize on our business. Over the past quarter, leading automakers h.

Luminar Reports Strong First-Quarter 2023 Business Update and Financials

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The Zacks Consensus Estimate for Luminar's (LAZR) first-quarter earnings and revenues is pegged at a loss of 24 cents and $13.23 million, respectively.

Luminar (LAZR) to Report Q1 Earnings: What's in the Offing?

Luminar Technologies, Inc. (LAZR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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