Velodyne Lidar, Inc. (VLDR) Lowers Q4, FY Revenue Outlook
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Velodyne Lidar Announces Fourth Quarter and Annual 2020 Preliminary Snapshot
January 7, 2021 6:52 PM EST2020 annual revenue of approximately $94 million Record shipments of 4,100 units $350 million of cash on the balance sheet at December 31, 2020 Long-term outlook remains strong, but at this time 2021 guidance withdrawn due to reduced near-term visibility
SAN JOSE, Calif.--(BUSINESS WIRE)-- Velodyne Lidar (NASDAQ: VLDR, VLDRW), the global leader in lidar technology founded by David Hall with foundational patents, today announced preliminary fourth quarter 2020 revenue and provided an update on recent business trends and outlook. During the fourth quarter of 2020, Velodyne shipped more than 4,100 sensors to its... More
