In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal with Volvo, the company had added Mercedes-Benz and Polestar as customers of its “life-saving” lidar sensors.
The company plans to sell its Luminar Semiconductors subsidiary to Quantum Computing for $110 million.
Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures, and a legal fight with its largest customer, Volvo.
Luminar Technologies (LAZR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Swedish automaker Volvo has cancelled a five-year-old contract with Luminar, the latest escalation in an increasingly-ugly brawl between the lidar sensor company and its biggest customer.
MGA, QS and LAZR navigate mixed demand, new tariffs and rising electronics needs as the auto equipment landscape shifts.
Luminar Technologies, Inc. ( LAZR ) Q3 2025 Earnings Call November 13, 2025 5:00 PM EST Company Participants Yarden Amsalem - Head of Investor Relations Paul Ricci - CEO & Director Thomas J. Fennimore Conference Call Participants Yan Dong - Deutsche Bank AG, Research Division Jash Patwa - JPMorgan Chase & Co, Research Division Presentation Operator Good day, and thank you for standing by.
Luminar Technologies, Inc. (LAZR) came out with a quarterly loss of $0.94 per share versus the Zacks Consensus Estimate of a loss of $1.05. This compares to a loss of $2.4 per share a year ago.
Luminar Technologies (LAZR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lidar-maker Luminar is warning shareholders that it will run out of cash in early 2026 and has announced a 25% cut to its workforce to help staunch the bleeding — its second layoff of the year — according to a Friday regulatory filing.
Luminar Technologies, Inc. (LAZR) reached $1.69 at the closing of the latest trading day, reflecting a -1.74% change compared to its last close.
Austin Russell, the billionaire founder of Luminar, has made a bid to acquire the lidar-maker five months after he was replaced as CEO following an ethics inquiry.