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Shares of Innoviz Technologies Ltd. ( INVZ ) slumped in mid-day trading on Wednesday after the LiDAR company fell short of consensus estimates with its Q4 earnings report and set guidance below expectations. Innoviz ( INVZ ) guided for 2023 revenue to fall the range of $12M to $15...
Performance Shipping ( PSHG ) -43% . Novavax ( NVAX ) -28% on Q4 earnings release . Tupperware Brands TUP -25% after posting preliminary results . First Horizon ( FHN ) -23% as TD says it won't receive regulatory OK in time for May close . M...
Luminar Technologies press release ( NASDAQ: LAZR ): Q4 Non-GAAP EPS of -$0.26 misses by $0.06 . Revenue of $11.1M (-10.0% Y/Y) misses by $4.28M . The company expects FY23 revenue growth of at least 100%, vs. consensus of $110.64M. For further details see: ...
Automotive technology company Luminar Technologies ( NASDAQ: LAZR ) has filed for an offering of 2,030,374 shares of its Class A common stock, par value $0.0001 per share, by selling stockholder. The shares were acquired in a private transaction pursuant to an investment agreement...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Autonomous driving and AI-powered vehicles are a growing trend in the automotive industry. The technology promises to improve safety, reduce traffic congestion, and allow humans to hand over driving responsibilities to robots....
Providing Guidance for Near-term and Long-term Profitability; Exponential Revenue Acceleration Anticipated with Triple-Digit Percentage Growth for Coming Years Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced at Luminar Day its quarterly business u...
Top-Tier global reinsurer is exclusively partnering with Luminar to advance assisted driving and improve safety while reducing costs of consumer adoption Luminar (Nasdaq: LAZR), a leading global automotive technology company, and Swiss Re, one of the world’s leading providers of ...
Industry CEOs and Company Execs Discuss Luminar’s Vision, Execution, and The Automotive Revolution for Next-Generation Safety and Autonomy News Summary: Unveiling new Iris+ sensor; 300 meter ranging facility; Seagate lidar acquisition to accelerate next-gen New auto...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: JHVEPhoto/shutterstock.com Luminar Technologies (NASDAQ: LAZR ) stock closed higher by 28% yesterday after announcing a “multi-billion dollar deal” expansion with Mercedes-Benz (OTCMKTS: ...
Summary Luminar Tech. continues to expand the order book to limited excitement from the stock market. The Lidar sensor company likely now has an order book of $5-6 billion over the next 5 years. LAZR stock isn't priced for this order book size or the potential for annual revenues to...
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Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update for the second quarter of 2024 following the close of the market on Tuesday, August 6, 2024. At 4:00 p.m. EDT (1:00 p.m. PDT) the company will publish material...
Full Stack Software Development Kits to Ship to Top Automakers Beginning in Q3 Today Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced it is launching Sentinel 1 , its full-stack software suite, following five years of breakthrough developments in Sof...
2024-06-01 10:11:00 ET Back in April, Tesla CEO Elon Musk made a bold prediction about the future of the car industry. During the company's earnings call, Musk proclaimed that at some point, "all cars will need to be smart cars."One of the major features of a smart car is that the vehic...