Luminar Reports First Quarter 2024 Business Update and Financials

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Go back to Luminar Reports First Quarter 2024 Business Update and Financials

Luminar Technologies (LAZR) rises following earnings, says Tesla is biggest lidar customer

May 8, 2024 6:49 AM EDT

Luminar Technologies (NASDAQ: LAZR) shares have jumped more than 12% premarket Wednesday after the company reported its latest quarterly earnings after the close on Tuesday.

Luminar reported a first-quarter loss per share of EPS of ($0.19), in-line with the analyst estimate of ($0.19). Revenue for the quarter increased 45% year-on-year, coming in at $20.97 million... More