Luminar Technologies

Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which designs, builds, and sells long-range lidar products that address the requirements of global automotive OEMs and technology companies for autonomous driving. It operates through the following segments: Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment engages in the design, manufacturing and sale of lidar sensors, as well as related perception and autonomy enabling software solutions catering mainly to the original equipment manufacturers in the automobile, commercial vehicle, robo-taxi and adjacent industries. The Other Component Sales segment provides designing, testing, and consulting services for non-standard integrated circuits to U.S. customers, including government agencies and defense contractors generally for purposes unrelated to autonomous vehicles.The company was founded by Austin Russell and Jason Eichenholz in 2012 and is headquartered in Orlando, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Luminar Technologies reports Q1 revenue growth and strategic partnerships

Luminar Technologies showcased strong performance in Q1 with revenue of $14.5 million and strategic partnerships.
The company faces challenges in achieving profitability targets and reducing start-up costs as production scales.
Opportunities for growth include expanding the order book, scaling revenue per vehicle through software capabilities, and strategic partnerships.
Overall, Luminar's focus on scaling manufacturing, technology advancements, and customer engagements positions it for future success.

Luminar reports strong Q2 revenue growth and strategic partnerships

Luminar Technologies demonstrated robust revenue growth and strategic partnerships in Q2, despite facing gross loss challenges.
The company's focus on continuous product development and leveraging key partnerships positions it well in the evolving market.
Opportunities lie in revenue diversification, customer traction, and strategic partnerships for future growth.
Challenges include profitability timeline, competitive landscape shifts, and cautious approach towards non-hardware sales.

Luminar Technologies excels in Q3, eyes growth through innovation

Luminar Technologies demonstrated strong performance and financial stability, poised for revenue growth in Q4 with a focus on innovation and customer relationships.
The company's strengths lie in strategic partnerships, next-gen technology, and a commitment to high performance and continuous improvement.
Challenges include geopolitical uncertainties, market dynamics, and the need for a smooth transition to new sensor technologies while maintaining profitability.
Opportunities for Luminar include expanding business with key customers, diversifying into new markets, and achieving financial milestones for sustained success.

Luminar transitions to growth stage with strong revenue diversification

Luminar Technologies is poised for growth with a strong focus on production vehicles and revenue diversification efforts.
The company's strategic collaborations, uncompromising product performance, and ecosystem approach position it well in a rationalizing competitive landscape.
Challenges around profitability timelines, market perception, and order book transparency require focused execution and communication strategies.

Luminar Technologies achieves production milestone, eyes significant growth ahead

Luminar Technologies' Q1 performance reflects progress in LiDAR production, cost savings, and margin improvement. Despite challenges in ASPs and production, the company's strengths lie in software development, global scaling, and the Halo product's growth potential. Opportunities for significant growth and differentiation in the autonomous vehicle sector are on the horizon.

Luminar Technologies restructures debt, advances safety tech with key partnerships

Luminar Technologies navigated financial challenges in Q2 2024 through debt restructuring while showcasing progress in key industry partnerships.
Despite facing significant gross losses and negative cash flow, Luminar's focus on safety technology and strong collaborations position them for future growth.
Investor confidence in Luminar's potential, demonstrated through debt restructuring success, highlights opportunities for the company to innovate and expand.

Luminar Technologies excels in Q3 with strategic partnerships and innovation

Luminar Technologies (LAZR) delivered a strong performance in Q3 2024, showcasing technological advancements, strategic partnerships, and improved financial metrics through cost reduction efforts.
The company's focus on innovation, market leadership, and operational efficiency positions it well in the evolving landscape of autonomous driving and LiDAR technology adoption.
While facing challenges in a competitive market and technological advancements, Luminar has opportunities to drive growth through expanding partnerships, product innovation, and capturing market share in the autonomous vehicle segment.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which engages in the design, building, and marketing of long-range lidar products that address the requirements of global automotive OEMs and technology companies for autonomous driving. It operates through the Autonomy Solutions and Advanced Technologies and Services segments. The Autonomy Solutions segment includes the designing, manufacturing, and marketing of lidar sensors catering mainly to the OEMs in the automobile, commercial vehicle, robo-taxi and adjacent industries. The Advanced Technologies and Services segment provides semiconductors and related components, as well as design, test, and consulting services to the Autonomy Solutions segment and to various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles. The company was founded by Austin Russell and Jason Eichenholz in 2012 and is headquartered in Orlando, FL.

Luminar Technologies' stock has crashed and is trading at a fraction of its 2020 price. The company has a significant long-term debt burden that may pose challenges in the future, hence the new "asset light" approach. Luminar recently announced a deal with Volvo, which could lead to a rise in revenue and potentially improve its cash flow.

Luminar Technologies: Could Be Starting Its Growth Trajectory

Luminar's (NASDAQ: LAZR ) shares are down about 3% and trending on social media and business news websites today. The company, which specializes in developing lidar sensors, announced that it would cut about 20% of its workforce as part of a restructuring plan.

Luminar Layoffs 2024: What to Know About the Latest LAZR Job Cuts

Luminar Technologies , a maker of lidar sensors for self-driving cars, said on Friday that it would cut its workforce by about 20%, as part of a restructuring plan for the current year.

Luminar to cut nearly 20% jobs as part of restructuring

Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more “asset-light” business model, as it aims to scale production. The cuts will affect around 140 employees, and are starting immediately.

Luminar cuts 20% of staff and outsources lidar production

Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan.

Luminar's stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan

Luminar Technologies is helping drive the development of driverless car technology.

Massive News for Luminar Stock Investors

Carvana

Upstart Holdings

For those looking for short-squeeze stocks to buy, I would first like to let you know a few key things. These are the types of stocks that retail investors chase for big-time returns, and while it is up to you to decide what you do with your money, I would still warn that steering clear of companies that have very high dilution and cash burn is usually the smart move.

3 Stocks to Buy ASAP for a Massive 1,000% Short Squeeze

Luminar Technologies (LAZR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Luminar Technologies, Inc. (LAZR) Report Negative Earnings Next Week? What You Should Know

Luminar Technologies launched its latest lidar sensor on Tuesday and said it has partnered with auto software maker Applied Intuition to aid automakers in testing their assisted-driving systems.

Luminar unveils new compact lidar sensor Halo, tie-up with Applied Intuition

SUNNYVALE, Calif.--(BUSINESS WIRE)---- $LAZR--Luminar Day 2024 Release.

Luminar Day: A New Era – Luminar Achieves Global Start of Production for Volvo Cars

MOUNTAIN VIEW, Calif. & ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--Applied Intuition and Luminar.

Applied Intuition and Luminar Partner to Accelerate ADAS and AD Development for Automakers

Luminar Technologies, Inc. (LAZR) reachead $1.30 at the closing of the latest trading day, reflecting a -0.76% change compared to its last close.

Luminar Technologies, Inc. (LAZR) Stock Falls Amid Market Uptick: What Investors Need to Know

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will report financials for the first quarter of 2024 following the close of the market on Tuesday, May 7, 2024. This will follow Luminar Day: A New Era on Tuesday, April 23, 2024, which will highlight Luminar's start of production (SOP) for Volvo Cars, its next-generation LiDAR platform, among other business updates. At 4:00 p.m. EDT (1:00 p.m. PDT), the company will publis.

Luminar to Report Q1'24 Financial Results on May 7, 2024

ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced two new key executive hires to help guide the company through its next phase of rapid growth. Dr. David Foster joins Luminar as the Executive Vice President of Engineering. Dr. Foster's extensive experience includes executive and leadership positions at Lyft, Apple, Microsoft, Amazon, and other innovative technology companies. Throughout his career, Dr. Foster has successfully.

Luminar Attracts Former Executives From Lyft, Apple and Meta, Microsoft

Luminar Technologies, Inc. has reported record quarterly results and announced a SoP with a major Tier 1 auto, but the stock is trading at all-time lows. The company missed Q4 '23 consensus estimates and faced delays in the launch of the Volvo EX90 vehicle with Lidar installed, reducing market trust. The stock trades sub-$2 with a market cap of only $750 million, while the order book is a massive $3.8 billion.

Luminar Technologies: Key Launch Ignored

BofA predicts the company will need to raise $1 billion in incremental capital through 2025.

Luminar Technologies Slides After Downgrade

Kura Sushi USA

Kohl's

Lucid Group

Lovesac Company

Wayfair

AI stocks, biotech stocks, and renewable energy stocks dominate the list of most shorted stocks, but there also many consumer discretionary stocks short sellers are betting against. There is an excellent reason for this.

7 Consumer Discretionary Stocks Short Sellers are Betting Will Fall from Grace

LAZR's share price weakness presents an attractive entry point for investors, as the focus on overall EV production has overshadowed LAZR's strong execution. LAZR has achieved key milestones for FY23, including production ramp-up with Volvo and passing initial production audits, indicating its ability to execute. Although the order book fell short of the original target, LAZR has outperformed on a like-for-like basis, and its cash flow situation is expected to improve with upcoming production and a new credit line.

Luminar Technologies: Still On Track To Meet FY30 Targets

Anterix Inc

Fuel Tech

Lilium BV

Direxion Daily Homebuilders & Supplies Bull 3X Shares

Prairie Operating Co

Sono-Tek Corp

If you're chasing outsized gains by searching for stocks to turn $1,000 into $1 million, it may be a good time to look at stocks trading at bargain-basement levels. These beaten-down companies could deliver significant returns once they finally recover.

$1,000 Invested in These 7 Stocks Could Make You a Millionaire

Cutera

Sunnova Energy International Inc

Short sellers in Lumimar Technologies (LAZR), Sunnova Energy (NOVA), and Cutera (CUTR) are thriving as their stocks have plunged. Luminar's shares have plunged by almost 50% this year and by more than 96% from its all-time high.

Shorts thrive as Luminar, Sunnova, and Cutera stock prices dive

NEW YORK--(BUSINESS WIRE)---- $LAZR #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Luminar Technologies, Inc. (“Luminar” or “the Company”) (NASDAQ: LAZR). Investors who purchased Luminar securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/LAZR. Investigation Details: On or around March 17, 2023, media outlets reported that the semiconductor developer Lidw.

Luminar Technologies, Inc. (LAZR) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK , March 19, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Luminar Technologies, Inc. ("Luminar" or the "Company") (NASDAQ: LAZR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Luminar Technologies, Inc. - LAZR

Grupo Aeroportuario del Pacifico

Payoneer Global

It sounds great in principle: Buy multi-bagger stocks that deliver life-changing returns. But is it possible in practice?

Bagging the Multibaggers: 3 Stocks for Explosive Portfolio Growth

Luminar Technologies, Inc. (LAZR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -24.11% in 4 Weeks, Here's Why You Should You Buy the Dip in Luminar Technologies, Inc. (LAZR)

Luminar Technologies, Inc. (LAZR) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

News for Luminar Technologies Stock (LAZR)