Velodyne Lidar, Inc. (VLDR) Misses Q1 EPS by 2c, Revenues Beat; Offers FY21 Revenues Mid-Point Outlook Below Consensus

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Go back to Velodyne Lidar, Inc. (VLDR) Misses Q1 EPS by 2c, Revenues Beat; Offers FY21 Revenues Mid-Point Outlook Below Consensus

Velodyne Lidar Reports First Quarter 2021 Financial Results

May 10, 2021 4:05 PM EDT

First quarter 2021 revenue of $17.7 million 29 total active multi-year agreements as of May 1, 2021 Pipeline of 198 projects at May 1, 2021, 23 of which include software as a component $383.6 million of cash and short-term investments on the balance sheet at March 31, 2021

SAN JOSE, Calif.--(BUSINESS WIRE)-- Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW), the first pure-play public lidar company, today announced financial results for its first quarter ended March 31, 2021.

Business and Financial Metrics

Units and ASPs: Velodyne shipped a market leading 2,684 sensor units in the first... More