VLDR - Velodyne set to report Q4 results as more rivals go public - preview

Velodyne (VLDR) will report Q4 results on February 25. Consensus estimates expect $16.1M in revenue and a loss per share of $0.11.Last month, Velodyne released a Q4 and 2020 preliminary snapshot, which included annual revenue of $91M, below the initial $101M guidance, and pulled the 2021 forecast due to the macro environment's "reduced near-term visibility."Veoldyne said the number of signed and awarded contracts totaled 25 for the year. In the Q3 report, Velodyne had 24 total contracts at the end of Q3, suggesting the company picked up one in Q4 versus the 6 added in Q3.The company was tracking 175 pipeline projects across more than 25 industries at the end of Q3 and ended the year with 183 tracked projects.Sources: Q4 preliminary report / Q3 earnings press release.Peers to watch after earnings include CF Finance Acquisition Corp. III (CFAC) for AEye, Colonnade Acquisition (CLA) for Ouster, Collective Growth (CGRO) for

For further details see:

Velodyne set to report Q4 results as more rivals go public - preview