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

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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.

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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.

Volvo AB

STOCKHOLM--(BUSINESS WIRE)---- $LAZR--Today Luminar (Nasdaq: LAZR) joined Volvo Cars to unveil the new, all-electric Volvo EX90 which will come standard with Luminar's technology on each vehicle produced to enable advanced safety and autonomous capabilities on highways in the future.

Luminar CEO Says Volvo EX90 Defines a New Era of Safety

Luminar Technologies, Inc. (LAZR) Q3 2022 Earnings Call Transcript

Luminar Technologies, Inc. (LAZR) delivered earnings and revenue surprises of 14.29% and 39.73%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Luminar Technologies, Inc. (LAZR) Reports Q3 Loss, Tops Revenue Estimates

Luminar lidar is now being used in production cars, and the company reported third-quarter results that beat Wall Street expectations.

Self-Driving Technology Provider Luminar Just Hit a Milestone

Luminar began production of its Iris automotive lidar units ahead of schedule.

Luminar says it has begun production of its automotive lidar units ahead of schedule

Luminar Achieves Start of Production with SAIC's Rising Auto; Reports Q3 Financials

At the beginning of 2022, investors watched the electric vehicle (EV) race pick up some impressive momentum. New companies emerged to challenge market leader Tesla (NASDAQ: TSLA ) and legacy automakers expanded their EV production.

Luminar's Lidar Technology Will Dethrone Tesla in the Driverless Car Race

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When Ford Motor Co. (NYSE: F) reported third-quarter earnings Wednesday afternoon, the company noted a $2.7 billion charge related to shutting down its Argo joint venture with Volkswagen to develop a self-driving car.

Have Self-Driving Cars Hit a Wall?

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update and report financials for the third quarter of 2022 following the close of the market on Wednesday, Nov. 2, 2022. Founder and CEO Austin Russell and CFO Tom Fennimore will host a video webcast that day at 2:00 p.m. PDT (5:00 p.m. EDT) to discuss business and financial results followed by a live Q&A session. Starting on Wednesda

Luminar to Provide Quarterly Business Update on November 2, 2022

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Ready to invest in a future-facing niche industry? If so, then consider Luminar Technologies (NASDAQ: LAZR ), a specialist in lidar, or light detection and ranging.

Follow the Insider Money Trail and Buy LAZR Stock

Luminar Technologies still appears on target to reach financial goals, though the Lidar sensor company might not dominate the market. Northland Securities downgraded Luminar stock, causing a 16% sell-off.

Luminar Technologies: Too Much Panic

Shares of Luminar Technologies (NASDAQ: LAZR ) stock are down more than 50% year-to-date (YTD), although that hasn't stopped CEO Austin Russell from purchasing shares. This month, Russell has picked up a total of 75,000 shares in three separate transactions, with his most recent purchase falling on Sept.

5 Investors Still Betting Big on Luminar (LAZR) Stock

Innoviz Technologies

Lidar stocks Luminar (NASDAQ: LAZR ) and Innoviz (NASDAQ: INVZ ) are trending on social media this morning and are both climbing 7%-8% in early trading. The stocks are advancing after JPMorgan initiated coverage of both names with “overweight” ratings this morning.

Why Are Lidar Stocks LAZR, INVZ Climbing Higher Today?

It could be a breakthrough technology for safer driving -- but is now the time to invest?

2 Automotive Lidar Stocks to Put on Your Radar

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Luminar Technologies, Inc. (NASDAQ:LAZR ) Evercore TMT Conference September 8, 2022 12:00 PM ET Company Participants Thomas Fennimore - CFO Conference Call Participants Unidentified Analyst Chris McNally and Doug Dutton from the automotive and mobility team, and we're really just happy to welcome Tom Fennimore, CFO of Luminar, and for our next presentation for a really quick background. So Luminar is a company dedicated to developing LiDAR technology and software, and we'll get into that for autonomous vehicles and advanced ADAS.

Luminar Technologies, Inc. (LAZR) Evercore TMT Conference Transcript

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Wolfspeed

With sales of electric vehicles expected to rise in the coming years, EV suppliers such as Luminar Technologies and Wolfspeed saw large post-earnings bounces.

2 EV Suppliers Powering To Gains After Raising Views

Shares of Luminar (NASDAQ: LAZR ) are in full focus following the release of its second-quarter earnings and three insider purchases by CEO Austin Russell. Luminar engages in the development of light detection and ranging (LiDAR) technology, which is viewed as a key component in autonomous driving.

Luminar CEO Austin Russell Just Bought LAZR Stock

Luminar Technologies, Inc. (NASDAQ:LAZR ) Q2 2022 Earnings Conference Call August 8, 2022 5:00 PM ET Company Participants Trey Campbell - Vice President of Finance & Investor Relations Austin Russell - Founder & Chief Executive Officer Tom Fennimore - Chief Financial Officer Conference Call Participants Itay Michaeli - Citi Josh Buchalter - Cowen Mark Delaney - Goldman Sachs David Kelley - Jefferies Emmanuel Rosner - Deutsche Bank Trey Campbell Welcome, everyone to Luminar's Second Quarter Business Update Call. I'm Trey Campbell, Luminar's VP of Finance and Investor Relations.

Luminar Technologies, Inc. (LAZR) CEO Austin Russell on Q2 2022 Results - Earnings Call Transcript

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced its quarterly business update and financial results for the second quarter of 2022, ended June 30, 2022. The company reported $9.9 million of Q2 revenue, ahead of company expectations and up 57% YoY. “The most advanced automakers' demand for Luminar is further increasing as we continue to successfully execute on their programs and build further conviction,” said Austin Russell, Foun

Luminar Provides Q2 Update; Raises Guidance

Momentus

NEWARK, Calif.--(BUSINESS WIRE)--FreeWire Technologies, Inc., an industry leader in battery-integrated, ultrafast electric vehicle (EV) charging, welcomes Alex Fishkin, Chief Legal Officer & General Counsel; Elaine Wu, Vice President of Strategic Sourcing & Logistics; and Mark Marosz, Vice President of Quality & Compliance. The recent round of hires comes amidst increased demand for streamlined EV charging solutions, and bolsters the company's position during ongoing global supply c

FreeWire Technologies Expands Leadership Team with Strategic Hires, Bolsters U.S. Operations

Geely Automobile Holdings Ltd

Luminar, the Florida-based lidar company that went public via SPAC in 2020, has formed a close alliance with an auto behemoth in China. It's making a strategic investment of an undisclosed amount in Ecarx, an auto tech startup co-founded by Eric Li, founder of China's largest private automaker Geely, Ecarx said on Thursday.

Luminar to invest in Geely-affiliated Ecarx, eyes China market

ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--Q2 earnings date announcement

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