Aurora Innovation, Inc. (AUR) Q4 2024 Earnings Call Transcript
Aurora Innovation, Inc. (NASDAQ:AUR ) Q4 2024 Earnings Conference Call February 12, 2024 5:00 PM ET Company Participants Stacy Feit - Vice President, Investor Relations Chris Urmson - Co-Founder and Chief Executive Officer David Maday - Chief Financial Officer Conference Call Participants George Gianarikas - Canaccord Genuity Andres Sheppard - Cantor Fitzgerald Scott Group - Wolfe Research Jeffrey Osborne - TD Cowen Mark Delaney - Goldman Sachs Justine Weiss - AB Bernstein Operator Greetings and welcome to the Aurora Innovations Fourth Quarter 2024 Business Review Call. At this time all participants are in a listen-only mode.
Aurora Innovation: Technological Edge Will Lead To Strong Business Performance
Aurora Innovation's pivot to autonomous trucking with a DaaS model is poised to capitalize on the trucking industry's driver shortage, offering significant cost savings and profitability. Strategic partnerships with Nvidia, Continental, Volvo, and others enhance Aurora's technological capabilities and provide a competitive moat, ensuring rapid scalability and market dominance. Aurora's phased deployment, beginning in April 2025, emphasizes safety and environmental sustainability, with plans to expand operations and improve energy efficiency by up to 32%.
Aurora takes feds to court over safety rules as it nears self-driving truck launch
Aurora Innovation is taking federal safety regulators to court in a case that could have far-reaching implications for self-driving truck companies operating in a regulatory environment designed around humans.
What's Happening With Aurora Innovation Stock?
The stock price of Aurora Innovation (NASDAQ: AUR), a self-driving vehicle technology company, saw a nearly 30% jump on Tuesday, January 7, after the company announced a deal with Nvidia and Continental to deploy driverless trucks at a bigger scale. Nvidia's DRIVE Thor SoC and DriveOS will be the foundation of the Aurora Driver, an SAE L4 autonomous driving system that Continental plans to mass-produce in 2027.
What AUR & NVDA Autonomous Driving Deal Means for TSLA, FSD Space
Aurora Innovation (AUR) hits the gas in the autonomous industry. The driverless truck company joined Nvidia (NVDA) and Continental in a long-term partnership to expend its footprint throughout the decade.
Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks
Aurora Innovation's shares rose 38% in premarket trading on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany's Continental to deploy self-driving trucks.
Aurora Innovation's stock rockets 44% after entering partnership with Nvidia and Continental in self-driving trucks
Driverless trucks are expected to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks in the near term
Dara Khosrowshahi resigns from self-driving truck startup Aurora's board
Dara Khosrowshahi is resigning from the board of autonomous vehicle technology company Aurora Innovation, citing a desire to focus on his ongoing responsibilities as CEO of Uber and reduce external board commitments, according to a Friday regulatory filing.
Aurora Innovation's Driverless Tech Is Driving Investor Buzz
Aurora Innovation Inc NASDAQ: AUR has been turning heads this week, with a 14% jump in Monday's session that made it one of the day's top performers. It added to a rally that kicked off back in the summer of 2023 but has really been stretching its legs in recent months.
Aurora's Self-Driving Trucks Poised for Growth, Analyst Forecasts Considerable Upside
Cantor Fitzgerald analyst Andres Sheppard initiated coverage on Aurora Innovation Inc AUR with an Overweight rating and a price forecast of $10.
Overlooked Stock: AUR
Tesla (TSLA) closed the trading day as a big winner with the Trump administration reportedly considering pumping the brakes on full-self driving regulations. A smaller name gaining lots of speed on the news: Aurora Innovation (AUR).
Aurora Innovation, Inc. (AUR) Q3 2024 Earnings Call Transcript
Aurora Innovation, Inc. (NASDAQ:AUR ) Q3 2024 Earnings Call October 30, 2024 5:00 PM ET Company Participants Stacy Feit - Vice President, Investor Relations Chris Urmson - Co-Founder and Chief Executive Officer David Maday - Chief Financial Officer Conference Call Participants George Gianarikas - Canaccord Genuity David Vernon - Bernstein Mark Delaney - Goldman Sachs Jeff Osborne - TD Cowen Operator Greetings and welcome to the Aurora Third Quarter 2024 Business Review Call. [Operator Instructions] As a reminder, this conference is being recorded.
