VLDR - Velodyne Lidar Non-GAAP EPS of -$0.18 beats by $0.03 revenue of $11.51M beats by $0.08M
- Velodyne Lidar press release ( NASDAQ: VLDR ): Q2 Non-GAAP EPS of -$0.18 beats by $0.03 .
- Revenue of $11.51M (-15.4% Y/Y) beats by $0.08M .
- The Company had $229.2 million in cash and short-term investments at June 30, 2022, compared with $256.4 million at March 31, 2022.
- “We entered the third quarter with robust demand. Once again, however, supply constraints challenge our ability to fulfill this demand,” said Dr. Tewksbury. “Due to these continuing external factors, we expect billings to be between $10 million and $12 million and revenue to be between $8 million and $11 million. The difference is due to estimated non-cash contra revenue of between $1 million and $2 million related to the Amazon warrants.”
- Shares +2.36% .
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Velodyne Lidar Non-GAAP EPS of -$0.18 beats by $0.03, revenue of $11.51M beats by $0.08M