Luminar CEO Austin Russell discusses the company's latest partnership with equipment maker Caterpillar and its potential growth in the automotive sector. Russell joins Caroline Hyde on “Bloomberg Technology.
Luminar Technologies (LAZR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how Luminar Technologies, Inc. (LAZR) and XPeng Inc. Sponsored ADR (XPEV) have performed compared to their sector so far this year.
In the latest trading session, Luminar Technologies, Inc. (LAZR) closed at $6.43, marking a +0.31% move from the previous day.
Luminar Technologies, Inc. has been one of the worst-performing stocks since late 2020, with shares plummeting nearly 99% from their peak. The company beat heavily reduced revenue estimates for Q4 2024, but is still losing a lot of money and burning through significant cash. The 2025 revenue forecast was well below street estimates, and management is planning on large amounts of stock sales.
Next-generation auto sensor specialist Luminar Technologies (LAZR 32.17%) was a pacesetter on the stock exchange as the trading week came to a close on Friday. Investors couldn't get enough of the company following the release of its latest set of financials, to the point where the share price closed up a whopping 32% on the day.
Luminar Technologies, Inc. (NASDAQ:LAZR ) Q4 2024 Earnings Conference Call March 20, 2025 5:00 PM ET Company Participants Aileen McAdams - Head, IR Austin Russell - Founder and CEO Tom Fennimore - CFO Conference Call Participants Jash Patwa - JPMorgan Winnie Dong - Deutsche Bank Federico Merendi - Bank of America Morgan Long - Goldman Sachs Tyler Anderson - Craig-Hallum Aileen McAdams Welcome everyone to Luminar's Fourth Quarter of 2024 Business Update Call. My name is Aileen McAdams and I'm Luminar's Head of Investor Relations.
Luminar Technologies, Inc. (LAZR) came out with a quarterly loss of $1.42 per share versus the Zacks Consensus Estimate of a loss of $1.65. This compares to loss of $3 per share a year ago.
Luminar Technologies' Q4 2024 performance is likely to have been impacted by slower production ramps, cost-cutting measures and growing sensor sales.
In the most recent trading session, Luminar Technologies, Inc. (LAZR) closed at $5.17, indicating a -1.9% shift from the previous trading day.
Luminar Technologies, Inc. (LAZR) concluded the recent trading session at $5.20, signifying a +1.17% move from its prior day's close.
Luminar Technologies, Inc. (LAZR) closed the most recent trading day at $5.42, moving -0.28% from the previous trading session.