Velodyne Lidar, Inc. (VLDR) Misses Q1 EPS by 4c

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Go back to Velodyne Lidar, Inc. (VLDR) Misses Q1 EPS by 4c

Velodyne Lidar Reports First Quarter 2022 Financial Results

May 5, 2022 4:07 PM EDT

- Reported Q1 2022 revenue of $6.2 million, at the top end of guidance -

- Delivered billings of $11.5 million -

- Provided Q2 2022 guidance of revenue of $9.5 million to $12.0 million and billings of $12.0 million to $14.0 million -

SAN JOSE, Calif.--(BUSINESS WIRE)-- Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW), the leading lidar company known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its first quarter ended March 31, 2022.

In the first quarter, we continued to see strong customer... More