2023-08-08 16:03:59 ET
- Luminar Technologies press release ( NASDAQ: LAZR ): Q2 Non-GAAP EPS of -$0.21 beats by $0.02 .
- Revenue of $16.2M (+63.1% Y/Y) beats by $0.02M .
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Luminar is on track to meet or beat its financial guidance.
- Revenue Growth: Luminar expects at least 100% revenue growth in 2023.
- Gross Margin: The company expects to reach positive gross margin on a non-GAAP basis by the fourth quarter.
- Cash, Cash Equivalents and Marketable Securities (including Liquidity): The company expects to end the year with a balance of greater than $300 million
For further details see:
Luminar Technologies Non-GAAP EPS of -$0.21 beats by $0.02, revenue of $16.2M beats by $0.02M