Luminar Technologies, Inc. (NASDAQ:LAZR ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Aileen Smith - Head of IR Austin Russell - Founder & CEO Tom Fennimore - CFO Conference Call Participants Joshua Buchalter - TD Cowen John Babcock - Bank of America Jesus Gonzalez-Lopez - JPMorgan Richard Shannon - Craig-Hallum Mark Delaney - Goldman Sachs Kevin Garrigan - Westpark Capital Aileen Smith Welcome, everyone, to Luminar's Second Quarter of 2024 Business Update Call. My name is Aileen Smith, and I'm Luminar's Head of Investor Relations.
Luminar Technologies, Inc. (LAZR) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.21 per share a year ago.
Luminar Technologies , a maker of lidar sensors for self-driving cars, has purchased the optoelectronic components and laser modules business of Britain's Gooch & Housego (G&H) to expand its semiconductor operation, its CEO said.
In the most recent trading session, Luminar Technologies, Inc. (LAZR) closed at $1.69, indicating a +1.2% shift from the previous trading day.
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Luminar Technologies, Inc. (LAZR) closed at $1.55 in the latest trading session, marking a +1.64% move from the prior day.
Luminar Technologies (NASDAQ: LZAR) stock price jumped by almost 18% on Wednesday as it went through a short squeeze. It jumped to $1.58, its highest point since June 3rd, giving it a market cap of over $597 million.
Luminar Technologies, Inc. (LAZR) closed the most recent trading day at $1.41, moving +1.44% from the previous trading session.
MIAMI, FL / ACCESSWIRE / June 6, 2024 / Luminar Media Group, Inc. (OTC PINK:LRGR), is making its entry into the finance industry by providing innovative financing solutions to underserved communities through its proprietary fintech products. This strategic move follows the acquisition of FortunCo LLC and includes an initial investment commitment of $1 million dollars.
Luminar manufactures lidar sensors that are being used in self-driving vehicle systems. While the company's products are intriguing, the business is quite small, and customer concentration remains a big risk.
How can you achieve direct exposure to self-driving technology at a lost cost? The first step is to conduct your due diligence on Luminar Technologies (NASDAQ: LAZR ).
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