Luminar Technologies (LAZR) Misses Q1 EPS by 12c

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Luminar Provides Business Update and Q1 2022 Financials

May 5, 2022 4:01 PM EDT

Accelerating Business Growth and On-Track for All Four Key 2022 Milestones and Financial Guidance

ORLANDO, Fla.--(BUSINESS WIRE)-- Luminar (NASDAQ: LAZR), a leading global automotive technology company, today announced its quarterly business update and financial results for the first quarter of 2022, ended March 31, 2022. The company delivered $6.9 million in first-quarter revenue, up 29% year-over-year (YoY) and ahead of internal expectations. Luminar remains on-track to meet or beat its prior $40 million full-year 2022 revenue guidance. Today, Luminar also released its quarterly Path to Series Production video, which can be viewed at:... More